Reference no: EM133076361
Question - The following totals are used to create a CVP Income Statement for Bob's Company for FY2020:
Bob Company Selected Financial Figures For the Year Ended 12/31/20
Sales (100 units) $10,000
Variable Costs: Direct Labor $1,650
Direct Materials 1,300
Factory Overhead (variable) 2,000
Selling Expenses (variable) 600
Administrative Expenses (variable) 500
Fixed Costs: Factory Overhead (fixed) $650
Selling Expenses (fixed) 1,000
Administrative Expenses (fixed) 1,000
Bob's 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.