cduckworth7558
09.11.2019 •
Business
Rod is 40 years old and plans on retiring at age 62 and living until age 90. assume that he currently earns $110,000 and his wage replacement ratio is 72 percent. social security will provide $20,000 (in today's dollars) in retirement benefits per year. inflation is expected to be 3 percent and rod can earn 6 percent return on his investments. find the amount rod will need to have saved by day one of retirement.
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Ответ:
3,636 units
Explanation:
The computation of break-even point in units is shown below:-
Break-even point in units = Fixed cost decreased ÷ Contribution margin per unit
= ($120,000) ÷ ($48 - $15)
= $120,000 ÷ $33
= 3,636.36 units
or
= 3,636 units
Therefore for computing the break-even point in units we simply applied the above formula and ignore all other values as they are not relevant.