= Homework: Ch 3 Homework = Question 5, P3-39 (simil... Part 1 of 3 > HW Score: 0%, 0 of 28 points Points: 0 of 5 Save Wild Tiger provides daycare for children Mondays through Fridays. Wild Tiger charges each parent $590 per child per month. (Click the icon to view the monthly variable per child and fixed costs.) - X Data table Read the requirements, Requirement 1. Calculate the breakeven point. S 185 Its monthly variable costs per child are as follows: Lunch and snacks Educational supplies Other supplies (paper products, toiletries, etc.) 55 Determine the formula used to calculate the breakeven quantity, then calculate the number of children that must be enrolled to break even. 10 Breakeven number of children S 250 Total X Requirements Monthly fixed costs consist of the following: Rent $ 2.000 Utilities 250 Insurance 340 Salaries 1,810 700 Miscellaneous $ 5.100 Total 1. Calculate the breakeven point. 2. Wild Tiger's target operating income is $10.200 per month. Compute the number of children who must be enrolled to achieve the target operating income 3. Wild Tiger lost its lease and had to move to another building. Monthly rent for the new building is $3.500. In addition, at the suggestion of parents, Wild Tiger plans to take children on field trips. Monthly costs of the field trips are $1,200. By how much should Wild Tiger increase fees per child to meet the target operating Income of $10,200 per month, assuming the same number of children as in requirement 2? Print Done ( Print Done Help me solve this Etext pages Get more help Clear all Check