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Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard Deluxe Rental price per day $ 36.00 $ 44.00 Variable

Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows:

Standard

Deluxe

Rental price per day

$ 36.00

$ 44.00

Variable cost per day

13.50

18.20

Biscayne's total fixed cost is $20,000 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 20 percent. (Assume a product mix of 50/50.)
  3. Fixed costs increase by $2,800. (Assume a product mix of 50/50.)
  4. Variable costs increase by 30 percent. (Assume a product mix of 50/50.)
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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 $20,000 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 20 percent. (Assume a product mix of 50/50.) 3. Fixed costs increase by $2,800. (Assume a product mix of 50/50 ) 4. Variable costs increase by 30 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

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