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Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard Deluxe Rental price per day Variable cost per day $58.00
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard Deluxe Rental price per day Variable cost per day $58.00 24.50 $66.00 29.20 Biscayne's total fixed cost is $25,500.00 per month. Required 1. Determine Biscayne's new break-even point in each of the following independent scenarios: a. Product mix is 40/60. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Break-Eve 719 Rental Days b. Sales price increases on both models by 15 percent. (Assume a product mix of 50150.) (Do not round your intermediatecalculations. Round your answer to the nearest whole number.) Break-Eve Rental Days This is a numeric cell, so please enter numbers c. Fixed costs increase by $5,000. (Assume a product mix of 50/50.) (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Break-Eve Rental Da d. Variable costs increase by 20 percent. (Assume a product mix of 50/50.) (Do not round your intermediate calculations. Round your answer to the nearest whole number) Break Point Rental Days
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