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Question 4 (9 points) The following totals are used to create a CVP Income Statement for Frederick Company for FY2018 Frederick Company Selected Financial Figures
Question 4 (9 points) The following totals are used to create a CVP Income Statement for Frederick Company for FY2018 Frederick Company Selected Financial Figures For the Year Ended 12/31/18 Sales (100 units) $10,000 Variable Costs: $1,500 1,800 2,000 Direct Labor Direct Materials Factory Overhead (variable) Selling Expenses (variable) Administrative Expenses (variable) 600 500 Fixed Costs: Factory Overhead (fixed) Selling Expenses (fixed) Administrative Expenses (fixed) $600 1,000 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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