Biscayne's Rent A Ride rents two models of automobiles the standard and the deluxe. Information follows Standard Deluxe Rental prlee per day 570.00 50.00 Variable cont per day 26.66 12.00 Biscayne's total fixed cost is $33.294 per month Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50 4. Calculate the break-even point of Biscayne's product mix changes so that the standard model is rented 75 percent of the time and the deluxe model is rented for only 25 percent 5. Calculate the break-even point il Biscayne's product mix changes so that the standard model is rented 25 percent of the time and the deluxe model is rented for 75 percent Complete this question by entering your answers in the tabs below. Required: Required Required Required Required w Determine the contribution maron per rental day and contribution margin ratio for each model that Biscayne's offers. (Round your unit Contribution Margins to 2 decimal places) Standard Deluxe Un Carbutin Margin per Day per Day Contribution Margin Ratio Required 2 > MacBook Pro c G Search OF TYP URL - 2 3 $ 5 6 & 7 00 9 0 W E R T Y U O P S D LL G H x V B N M * % nd comma Biscayne's Rent-A-Ride rent two models of automobiles the standard and the deluxe. Information follows: Standard Deluxe 570.00 $10.00 Rental price per day Variable cont per day Biscayne's totalfoed cost is $33.294 per month Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50 4. Calculate the break-even point of Biscayne's product mix changes so that the standard model is rented 75 percent of the time and the deluxe model is rerved for only 25 percent. 5. Calculate the break-even point ir Biscayne's product mix changes so that the standard model is rented 25 percent of the time and the deluxe model is rented for 75 percent Complete this question by entering your answers in the tabs below, Required Required Requrd 2 Required) Required Which model would Biscayne's prefer to rent? O Model Standard Moe (Required 1 Required) MacBook Pro G Search or type URL - . 2 3 $ 4 % 5 6 & 7 8 9 w E R T Y U o P s/ D T) G . J L Regarede equired Calculate Biscayne's break even point, if the product mix ls 50/50. (Do not round intermediate calculation. Hound your final Parte Days - MacBook Pro C Search or type URL Ar 2 3 $ 4 26 5 6 & 7 .00 9 0 W E R T Y U I 0 S D F G H J L C V B N M AT * 9 tel 6 Homework Part 2 Halp 10 Biscayne's Rent A Ride rents two models of automobiles the standard and the deluxe Information follows: al price per day Variable cont per day Standart Dell 570.00 110.00 25.60 52.00 ped Biscayne's total fed cost is $33.294 per month Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break even point if the product mix is 50/50 4. Calculate the break even point if aliscayne's product mix changes so that the standard model is rented 75 percent of the time and 5. Calculate the break even point if Biscayne's product mix changes so that the standard model is rented 25 percent of the time and the deluxe model is rented for 75 percent Pri Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Reures Required Calculate the beak even point if Biscayne's product mix changes so that the standard model is rented 75 percent of the time and the luwe model is rented for only 25 percent. (Do not round intermediate allation. Round your finanswer to the nearest whole number) Brea Eval Pant Portal Days MacBook Pro G Search or type URL GP 2 3 $ 4 96 5 - 0) 7 8 9 0 W m R T Y U O P S D F G H J K L 1x V B N M V - * 26 Biscayne's Rent A Ride rents two models of automobiles the standard and the deluxe. Information follows: Hental price per day Variable cont per day Standard Deluxe $70.00 $0.00 26.60 92.00 Biscayne's total fixed cost is $33,294 per month Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50 4. Calculate the break-even point scayne's product mix changes so that the standard model is rented 75 percent of the time and the deluxe model is rented for only 25 percent. S. Calculate the break even point if Biscayne's product mix changes so that the standard model is rented 25 percent of the time and the deluxe model is rented for 75 percent Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reid Required 4 Respired Calculate the break-even point if scayne's product mix changes so that the standard model is rented 25 percent of the time and the del model is rented for 75 percent (Do not found intermediate calculations. Round your final answer to the arest whole number) Day (Required Prey 10 of 11 Next > MacBook Pro c G Search or type URL D . & 7 2 3 4 5 6 8 9 O W E R T Y U o P s D F G H X V B N M ? and comma