Calculate the sales revenue-earn operating income

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Head-First Company plans to sell 4,657 bicycle helmets at $75 each in the coming year. Variable cost is 60% of the sales price; contribution margin is 40% of the sales price. Total fixed cost equals $48,500 (includes fixed factory overhead and fixed selling and administrative expense).

Required:

1. Calculate the sales revenue that Head-First must make to earn operating income of $81,900. Round your answer to the nearest dollar.

Reference no: EM131247943

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