Short-term automobile rentals are Snap Rentals, Inc.'s specialty. Average variable operating costs have been $20 per day per automobile. The company owns 50 automobiles. Fixed operating costs for the next year are expected to be $150,000. Average daily rental revenue per automobile is expected to be $40. Management would like to earn a profit of $50,000 during the year.

I need 10,00o renatals a day but how many days must each rental be? Also what would the total revenue need to be to achieve a targeted profit of 50,000. Then finally, What would the total rental revenue be if fixed operating costs could be lowered by $5,000 and the targeted profit increased to $70,000