Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard Deluxe $40.00 $46.00 14.40 18.40 Biscayne's total fixed cost is S13,120 per month. Required 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. (Round your "Unit Contribution Margin" answers to 2 decimal places.) Deluxe 27.60 per Day Unit Contribution Margin25.60 per DayS Contribution Margin Ratio 64 | % 60% 2. Which model would Biscayne's prefer to rent? Deluxe Model Standard Model 3. Calculate Biscayne's break even polnt If the product mix Is 5050. (Do not round intermediate calculations. Round your final answer to the nearest whole number.) k-Even Point Rental Days This is a numeric cell, so please enter numbers only 4. Calculate the break-even point if 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. (Do not round intermediate calculations. Round your final answer to the nearest whole number.) Break-Even Point Rental Days 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 calculations. Round your final answer to the nearest whole number.) model is rented for 75 percent (Do not round intermediate k-Even Point Rental Days