Homework answers / question archive / 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 $1 850      Direct Materials 1 300      Factory Overhead (variable) 2,000       Selling Expenses (variable) 600      Administrative Expenses (variable) 500  Fixed Costs:      Factory Overhead (fixed) $850       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

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 $1 850      Direct Materials 1 300      Factory Overhead (variable) 2,000       Selling Expenses (variable) 600      Administrative Expenses (variable) 500  Fixed Costs:      Factory Overhead (fixed) $850       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

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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

$1 850

     Direct Materials

1 300

     Factory Overhead (variable)

2,000

      Selling Expenses (variable)

600

     Administrative Expenses (variable)

500 

Fixed Costs:

     Factory Overhead (fixed)

$850

      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 the FY 2020 breakeven point in units. Round and enter as a whole number.