Taveras Industries developed the following information for the product it sells: Sales price $50 per unit Variable cost of goods sold $28 per unit Fixed cost of goods sold $650,000 Variable selling expense 10% of sales price Variable administrative expense $2.00 per unit Fixed selling expense $400,000 Fixed administrative expense $300,000 For the year ended December 31, 2016, Taveras produced and sold 100,000 units of product. Prepare a CVP income statement using the contribution margin format for Taveras Industries for 2016.

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 $