Michael is considering opening a Fast 'n Clean Car Service Center. He estimates that the following costs will be incurred during his first year of operations: Rent $9,200, Depreciation on equipment $7,000, Wages $16,312, Motor oli $2 per quart. He estimates that each oil change will require 5 quarts of oll. Oil filters will cost $3.00 each. He must also pay The Fast 'n Clean Corporation a franchise fee of $1.10 per oil change since he will operate the business as a franchise. In addition, utility costs are expected vary with the quantity of oil changes as follows: Michael anticipates that he can provide the oll change service with if fiter at $28.92 each. Your answer has been saved. See score details ahter the due date. Uuing the high low method, determine variable conts per init and totat fixed costs. (Round varlable cost to 2 declmol pluces, eg. 52.75. Variable cost per unit Fined cost Your aniswer has been saved. See score details after the due date. Determine the break-even sales quantity of oll changes and sales dollars. (Round Contribution margin ratlo to 2 dedimal places eg. 57.200: Round final answers to 0 decimal ploces, eg. 57.20) Break-even oil changes in units Break-even sales in dollars eTextbook and Media Without regard to your answers in parts (a) and (b), determine the oil changes required to earn a net income of $24,000, assuming fixed costs are $36,000 and the contribution margin per unit is $10. Oil changes required eTextbook and Media Attempts: 0 of 1 used