al Accounting, 8e Help System Announcements Return to Blackboard Exercise 184 Taveras Industries developed the following information for the product it sells: Sales price Variable cost of goods sold Fixed cost of goods sold Variable selling expense Variable administrative expense Fixed selling expense Fixed administrative expense $50 per unit $28 per unit $650,000 10% of sales price $2.00 per unit $400,000 $300,000 For the year ended December 31, 2016, Taveras produced and sold 100,000 units of product. Help System Announcements unting, Be to Blackboard Prepare a CVP income statement using the contribution margin format for Taveras Industries for 2016. (tit variable expenses before ford expemes.) TAVERAS INDUSTRIES Income Statement For the Year Ended December 31, 2016 16 Ilse the contribution margin technique. What was the company's break-even point in units in 2016? Use the contribution margin technique. Break-even point units What was the company's margin of safety in dollars in 2016? Margin of safety $ Click if you would like to Show Work for this question: Open Show Work