A recent college graduate hopes to have $200,000 saved in their retirement account 25 years from now by contributing $150 per month in a 401(k) plan.The goal is to earn 10% annually on the monthly contribution.Will they have the $200,000 at the end of the 25 years?

Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per unit.

Calculate the break even sales dollars if the fixed expenses are $7,000 and the contribution ratio is 40%.