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Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Biscayne's total fixed cost is $28,500 per month Required: 1. Determine
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Biscayne's total fixed cost is $28,500 per month Required: 1. Determine Biscayne's new break-even point each of the following independent scenarios. a. Product mix 40/60 . b. Sales price increases on both models by 15 percent. (Assume a product mix of 50/50) c. Fixed costs increase by $6,200. (Assume a product mix of 50/50.) d. Variable costs Increase by 20 percent. ( Assume a product of 50/50 .) 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 $70.00 38.50 Deluxe $78.00 35.20 Biscayne's total fixed cost is $28,500 per month Required: 1. Determine Biscayne's new break-even point in each of the following independent scenarios: a. Product mix is 40/60. b. Sales price increases on both models by 15 percent. (Assume a product mix of 50/50.) c. Fixed costs increase by $6,200 (Assume a product mix of 50/50.) d. Variable costs increase by 20 percent. (Assume a product mix of 50/50.) Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 10 Reg 10 Product mix is 40/60. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Break Even Point Rental Days RA Reg 1B >
Biscayne's total fixed cost is $28,500 per month Required:
1. Determine Biscayne's new break-even point each of the following independent scenarios. a. Product mix 40/60 .
b. Sales price increases on both models by 15 percent. (Assume a product mix of 50/50)
c. Fixed costs increase by $6,200. (Assume a product mix of 50/50.)
d. Variable costs Increase by 20 percent. ( Assume a product of 50/50 .)
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