Question
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
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
$1,500
Direct Materials
1,250
Factory Overhead (variable)
2,000
Selling Expenses (variable)
600
Administrative Expenses (variable)
500
Fixed Costs:
Factory Overhead (fixed)
$500
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 theFY 2020 breakeven point in units.Round and enter as a whole number.
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