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Check my work 10 E6-19 (Algo) Analyzing Multiproduct CVP [LO 6-6] Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows:
Check my work 10 E6-19 (Algo) Analyzing Multiproduct CVP [LO 6-6] Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: 0.38 points Rental price per day Variable cost per day Standard Deluxe $52.00 $60.00 21.50 26.20 eBook Biscayne's total fixed cost is $24,000 per month. Ask References 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 $4,400. (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. Req 1A Req 1B Req 1C Req 1D Product mix is 40/60. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Break-Even Point 26 Rental Days Req 1A Req 1B Req 1c Req 1D Sales price increases on both models by 15 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 32 Rental Days
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