The following totals are used to create a CVP Income Statement for...

The following totals are used to create a CVP Income Statement for Frederick Company for FY2020:

Frederick Company
Selected Financial Figures
For the Year Ended 12/31/20
Sales (100 units)		$10,000
Variable Costs:
Direct Labor	$1,600
Direct Materials	1,150
Factory Overhead (variable)	2,000
Selling Expenses (variable)	600
Administrative Expenses (variable)	500
Fixed Costs:
Factory Overhead (fixed)	$800
Selling Expenses (fixed)	1,000
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 2020 breakeven point in units. 

Answer rating: 100% (QA)

Determining Frederick Companys BreakEven Point To find the breakeven point in units for Frederick Co... View the full answer