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Sleepy Time is a retailer of luxury bed frames located in Los Angeles, California. Due to a recent industry - wide financial crisis, the CFO

Sleepy Time is a retailer of luxury bed frames located in Los Angeles, California. Due to a recent industry-wide financial crisis, the CFO of Sleepy Time fears a significant drop in the firm's upcoming income stream. The CFO asked you to use the company financial information provided below.Sales price per unit$ 3,750.00Per-unit variable costs:Invoice cost2,818.80Sales commissions431.20Total per-unit variable costs$ 3,250.00Total annual fixed costs:Advertising$ 239,000Rent181,000Salaries385,500Total annual fixed costs$ 805,500The annual breakeven point in units is:Multiple Choice1,611 units.2,011 units.3,411 units.1,311 units.2,611 units.

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