Units to Earn Target IncomeHead-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $49,500 (includes fixed factory overhead and fixed selling and administrative expense).Required: Be sure to read the instructions on each panel for additional guidance.1.Calculate the number of helmets Head-First must sell to earn operating income of $81,900.Check your answer by preparing a contribution margin income statement based on the number of units calculated.Amount Descriptions In CengageNOW, an Amount Description is a text entry other than an Account that has an amount associated with it.Operating incomeOperating lossSalesTotal contribution marginTotal fixed expenseTotal variable expense
Units to Earn Target IncomeHead-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $49,500 (includes fixed factory overhead and fixed selling and administrative expense).Required: Be sure to read the instructions on each panel for additional guidance.1.Calculate the number of helmets Head-First must sell to earn operating income of $81,900.Check your answer by preparing a contribution margin income statement based on the number of units calculated.Amount Descriptions In CengageNOW, an Amount Description is a text entry other than an Account that has an amount associated with it.Operating incomeOperating lossSalesTotal contribution marginTotal fixed expenseTotal variable expense
Units to Earn Target IncomeHead-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $49,500 (includes fixed factory overhead and fixed selling and administrative expense).Required: Be sure to read the instructions on each panel for additional guidance.1.Calculate the number of helmets Head-First must sell to earn operating income of $81,900.Check your answer by preparing a contribution margin income statement based on the number of units calculated.Amount Descriptions In CengageNOW, an Amount Description is a text entry other than an Account that has an amount associated with it.Operating incomeOperating lossSalesTotal contribution marginTotal fixed expenseTotal variable expense
Units to Earn Target IncomeHead-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selling expense). Total fixed cost equals $49,500 (includes fixed factory overhead and fixed selling and administrative expense).Required: Be sure to read the instructions on each panel for additional guidance.1.Calculate the number of helmets Head-First must sell to earn operating income of $81,900.Check your answer by preparing a contribution margin income statement based on the number of units calculated.Amount Descriptions In CengageNOW, an Amount Description is a text entry other than an Account that has an amount associated with it.Operating incomeOperating lossSalesTotal contribution marginTotal fixed expenseTotal variable expense
