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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: Determine Biscayne's
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: Determine Biscayne's new break-even point in each of the following independent scenarios: 1. Product mix is 40/60. 2. Sales price increases on both models by 15 percent. (Assume a product mix of 50/50.) 3. Fixed costs increase by $6,200. (Assume a product mix of 50/50.) 4. Variable costs increase by 20 percent. (Assume a product mix of 50/50.) Complete this question by entering your answers in the tabs below. Determine Biscayne's new break-even point for the following independent scenario: Product mix is 40/60. Note: Do not round your intermediate calculations. Round your answer to the nearest whole number. Determine Biscayne's new break-even point for the following independent scenario: Sales price increases on both models by 15 percent. (Assume a product mix of 50/50.) Note: Do not round your intermediate calculations. Round your answer to the nearest whole number. Determine Biscayne's new break-even point for the following independent scenario: Fixed costs increase by $6,200. (Assume a product mix of 50/50.) Note: Do not round your intermediate calculations. Round your answer to the nearest whole number. Determine Biscayne's new break-even point for the following independent scenario: Variable costs increase by 20 percent. (Assume a product mix of 50/50.) Note: Do not round your intermediate calculations. Round your answer to the nearest whole number
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