1. Johnny is 28 years old right now. He needs $750,000 at the age of 66 to retire. If his savings account can generate an average annual rate of return of 9%, how much money does he need to put in right now? 2. Philadelphia 76ers will have a "guys night out" campaign. For a group of 4 tickets purchased at $35 per ticket level, fans will receive a free beer and a hotdog. The cost of a beer and a hotdog to the 76ers are $2.10 and $2.30 respectively. Also, the marketing department spent the following on local ads for the game including fliers: $3,000; newspaper $8,000; radio station $12,000, and TV $40,000. (a). list all the Variable Costs and Fix Costs of the campaign. (b). calculate the break even point in terms of the group set (4 tickets a set). 3. Stevie started an online store at ebay selling graphic t-shirts. In order to have mobile internet access, he subscribed AT&T mobile broadband $69 per month. Stevie purchased the t-shirt for the whole sale price of $5.50 and sells it for $14.99 at ebay. Also, there is a $.99 listing cost from ebay for each item and there is an average mailing cost of $3.50 per t-shirt.

(1) list all the VC and FC for Steve,

(2) calculate the monthly break event point for Steves t-shirt business.

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