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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

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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 19.60 Deluxe $80.00 24.80 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. Which madin H Rirroundir nafar tornt Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Determine the contribution margin per rental day and contribution margin ratio for each model that Bi your "Unit Contribution Margin" answers to 2 decimal places.) Unit Contribution Margin Contribution Margin Ratio Standard per Day % Deluxe per Day % Required 2 >

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