Teddy Bear provides daycare for children Mondays through Fridays. Teddy Bear charges each parent $540 per child per month (Click the icon to view the monthly variable per child and fixed costs.) Read the requirements. child and fixed costs.) Its monthly variable costs per child are as follows: Lunch and snacks $ 140 Educational supplies 55 even quantity, then calcula 25 Other supplies (paper products, toiletries, etc.) Contribution margin per a $ 220 Total 320 ome is $11,200 per month Monthly fixed costs consist of the following: perating income. ty required to achieve the Rent $ 2.150 must be enrolled to achieve the ta Utilities 350 Insurance 340 perating income 11200 Salaries 3,110 450 Miscellaneous I to move to another buildir ddy Bear increase fees per parents, Teddy Bear plans to take same number of children as in re 6,400 Total input fields and then cor Print Done i Requirements - X ity, then ion mard 320 200 pel 1. Calculate the breakeven point. 2. Teddy Bear's target operating income is $11,200 per month. Compute the number of children who must be enrolled to achieve the target operating income. 3. Teddy Bear lost its lease and had to move to another building. Monthly rent for the new building is $3,650. In addition, at the suggestion of parents, Teddy Bear plans to take children on field trips. Monthly costs of the field trips are $1,800. By how much should Teddy Bear increase fees per child to meet the target operating income of $11,200 per month, assuming the same number of children as in requirement 2? b income. to achie enrolled to come Print Done anothe crease Teddy Bea humber of chi