A new company, with only one product, estimates their annual sales will be 20,000 units although their current facility could produce up to 35,000 units. Each unit will sell for $34 and has variable costs that add up to $19 per unit. The company has fixed costs of $550,000. What is the company's break-even point? After calculating their break-even point, what advice would you give to the company's owner? The following data summarizes the operations related to production: Materials purchased with cash, $1830. Materials requisitioned and labor used Job A Job B Job C Materials $100 $360 $200 Labor $400 $1,600 $900 . Factory overhead costs incurred on account, $2,000. Factory overhead is applied at a rate of 50% of direct labor cost. Jobs A and B were completed Job A was sold . At the end of this period... What is the balance in the Work-in-Process account? [WIP] What is the balance in the Finished Inventory account? [FI] What amount of COGS will the company report? [COGS]