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 $30.00 10.50 Deluxe $38.00 15.20 Biscayne's total fixed cost is $18,500 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 20 percent. (Assume a product mix of 50/50.) c. Fixed costs increase by $5,200. (Assume a product mix of 50/50.) d. Variable costs increase by 30 percent. (Assume a product mix of 50/50.) Complete this question by entering your answers in the tabs below. Reg 14 Req 1B Req 1C Req 10 Sales price increases on both models 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-Even Point Rental Days 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 $30.00 10.50 Deluxe $38.00 15.20 Biscayne's total fixed cost is $18,500 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 20 percent. (Assume a product mix of 50/50.) c. Fixed costs increase by $5,200. (Assume a product mix of 50/50.) d. Variable costs increase by 30 percent. (Assume a product mix of 50/50.) Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 10 Fixed costs increase by $5,200. (Assume a product mix of 50/50.) (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Break-Even Point Rental Days 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 $30.00 10.50 Deluxe $38.00 15.20 Biscayne's total fixed cost is $18,500 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 20 percent. (Assume a product mix of 50/50.) c. Fixed costs increase by $5,200. (Assume a product mix of 50/50.) d. Variable costs increase by 30 percent. (Assume a product mix of 50/50.) Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 10 Variable costs increase by 30 percent. (Assume a product mix of 50/50.) (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Break-Even Point Rental Days
