E Homework: Ch 3 Homework Question 5, P3-39 (similar to) HW Score: 0.68%, 0.19 of 28 points Part 1 of 3 O Points: 0 of 5 Save Wild Tiger provides daycare for children Mondays through Fridays. Wild Tiger charges each parent $620 per child per month. (Click the icon to view the monthly variable per child and fixed costs.) Read the requirements. - X Requirement 1. Calculate the breakeven point. Data table Determine the formula used to calculate the breakeven quantity, then calculate the number of children that must be enrolled to break even. = Breakeven number of children Its monthly variable costs per child are as follows: Lunch and snacks $ 115 Educational supplies 55 - X 20 Requirements Other supplies (paper products, toiletries, etc.) $ 190 Total 1. Calculate the breakeven point. Monthly fixed costs consist of the following: 2. Wild Tiger's target operating income is $8,600 per month. Compute the Rent $ 2,050 number of children who must be enrolled to achieve the target operating Utilities 350 ncome. Wild Tiger lost its lease and had to move to another building. Monthly rent for 200 3. Insurance the new building is $3,350. In addition, at the suggestion of parents, Salaries 1,150 Wild Tiger plans to take children on field trips. Monthly costs of the field trips 550 are $1,100. By how much should Wild Tiger increase fees per child to meet Miscellaneous the target operating income of $8,600 per month, assuming the same $ 4,300 number of children as in requirement 2? Total Print Done Print Done Help me solve this Etext pages Get more help - Clear all Check