The following totals are used to create a CVP Income Statement for Frederick Company for FY2018:
Frederick Company |
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Selected Financial Figures |
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For the Year Ended 12/31/18 |
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Sales (100 units) |
$10,000 |
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Variable Costs: |
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Direct Labor |
$1,150 |
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Direct Materials |
1,150 |
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Factory Overhead (variable) |
2,000 |
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Selling Expenses (variable) |
600 |
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Administrative Expenses (variable) |
500 |
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Fixed Costs: |
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Factory Overhead (fixed) |
$950 |
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Selling Expenses (fixed) |
1,000 |
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Administrative Expenses (fixed) |
1,000 |
Frederick Company utilizes a JIT production system and there are no Raw Materials, Work-in-Process or Finished Goods inventories. Use this information to determine the FY 2016 breakeven point in units. Round and enter as a whole number.
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