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Exercise 3-8 (Part Level Submission) Ivanhoe Recreation Products sells the Amazing Foam Frisbee for $16. The variable cost per unit is $7; fixed costs are

Exercise 3-8 (Part Level Submission)

Ivanhoe Recreation Products sells the Amazing Foam Frisbee for $16. The variable cost per unit is $7; fixed costs are $40,000per month.

What is the annual breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round answers to 0 decimal places, e.g. 5,275.)

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