Step 1: Convert Formula Units to Moles
We can set up a conversion factor using Avogadro's number:
$$1 \text{ mole BaNO}_3 = 6.022 \times 10^{23} \text{ formula units BaNO}_3$$
Using this conversion factor, we can convert the given number of formula units to moles:
$$6.80 \times 10^{24} \text{ formula units BaNO}_3 \times \frac{1 \text{ mole BaNO}_3}{6.022 \times 10^{23} \text{ formula units BaNO}_3} = \boxed{11.31 \text{ moles BaNO}_3}$$
Therefore, 6.80 x 10^24 formula units of Barium Nitrate are equivalent to 11.31 moles of BaNO3.