Head-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 vari- able selling expense). Total fixed cost equals $49,500 (includes fixed factory overhead and fixed selling and administrative expense).
Required:
1. Calculate the number of helmets Head-First must sell to earn operating income of $81,900.
2. Check your answer by preparing a contribution margin income statement based on the number of units calculated.
Solved
Show answers
More tips
- C Computers and Internet Step-by-Step Guide on How to Download Music to Your iPhone...
- A Animals and plants Unraveling the Mystery of Loch Ness: What Does the Loch Ness Monster Look Like?...
- L Leisure and Entertainment Should You Buy a Ceramic Knife?...
- C Computers and Internet How to easily and quickly disable Firebug in Gmail and Google Docs...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business What is a benefit of getting college credit in high school? a. graduating early b. spending more time on homework c. showing my friends how smart i am d. spending too much money...
- B Biology In 1674 the use of the simple microscope allowed scientist to see what...
- E English Identify the correct verb mood. if we go on vacation, bring the folding chairs. subjunctive interrogative indicative conditional...
- E English What is fiction? true stories made-up stories short stories long stories...
- M Mathematics Aperson has to be at least 4.2 feet tall to ride a roller coaster at six flags your sister is 3.8 feet tall how much does your sister need to grow at least in order to meet the...
- B Business Nearly % of long-distance cargo is now shipped in standard containers....
- B Business Morgan company issues 10%, 20-year bonds with a par value of $790,000 that pay interest semiannually. the current market rate is 9%. the amount paid to the bondholders for each...
- G Geography After the iranian revolution of 1979 brought the ayatollah khomeini to power, fundamentalist islamic sharia law was infused into iranian government policies. in reaction to this...
- C Chemistry Which part of the mantle is still a solid but flows like a thick, heavy liquid asthenosphere core lithosphere crust...
- S Social Studies One of the widly popular books of joseph heller, catch 22, represented a form of popular existentialism and was concerned with the absurdity of...
Ответ: