Points: $0$ of $20$

The Hosiery Company buys hiking socks for $$14$ per pair and sells them for $$20.$ Management budgets monthly fixed costs of $$6,000$ for sales volumes between $0$ and $12,000$ pairs of socks.

Read the requirements.

Requirement $1.$ Calculate the breakeven point in units.

Select the labels and enter the amounts to find the breakeven point in units. $($Enter a $0$ for any zero amounts. Abbreviation used: $CM=$ contribution margin.$)$

$+$ Variable costs

$=$ Required sales $in$ units