Teddy Bear provides daycare for children Mondays through Fridays. Teddy Bear charges each parent $620 per child per month. 5 Click the icon to view the monthly variable per child and fixed costs.) Data Table Read the requirements. Requirement 1. Calculate the breakeven point, $ 105 Its monthly variable costs per child are as follows: Lunch and snacks Educational supplies Other supplies (paper products, toiletries, etc.) Determine the formula used to calculate the breakeven quantity, then calculate the number of children that must be enrolled to break even. 65 20 Breakeven number of children $ 190 Total Monthly fixed costs consist of the following: Rent $ 2,000 Utilities 450 Requirement 2. Teddy Bear's target operating income is $8,600 per month. Compute the number of children who must be enrolled to achieve the target operating income. Determine the formula used to calculate the quantity required to achieve the target income, then enter the amounts to calculate the number of children who must be enrolled to achieve the target income. Target ) = quantity )= Insurance 400 Salaries 900 550 Miscellaneous $ 4,300 Bear increase fees per child to meet the Total Requirement 3. Teddy Bear lost its lease and had to move to another building. Monthly rent for the new building is $3,300. In addition, at the suggestion of parents, Teddy Bear plans to take children on field t target operating income of $8,600 per month, assuming the same number of children as in requirement 2? Determine the formula used to calculate the fee increase per child, then enter the amounts to calculate the increase needed to meet the target operating income. - X Print Done Increase in fee per child 1. Calculate the breakeven point. 2. Teddy Bear's target operating income is $8,600 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 $3,300. In addition, at the suggestion of parents, Teddy Bear plans to take children on field trips. Monthly costs of the field trips are $1,100. By how much should Teddy Bear increase fees per child to meet the target operating income of $8,600 per month, assuming the same number of children as in requirement 2? Print Done Choose from any list or enter any number in the input fields and then continue to the next