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White Rhino provides daycare for children Mondays through Fridays. White Rhino charges each parent $630 per child per month. (Click the icon to view the

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White Rhino provides daycare for children Mondays through Fridays. White Rhino charges each parent $630 per child per month. (Click the icon to view the monthly variable per child and fixed costs.) Read the requirements. Requirement 3. White Rhino lost its lease and had to move to another building. Monthly rent for the new building is $3,200. In addition, at the suggestion of parents, White Rhino plans to take children on field trips. Monthly costs of the field trips are $1,400. By how much should]White Rhino increase fees per chlld to meet the target operating income of $10,500 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. White Rhino provides daycare for children Mondays through Fridays. White Rhino charges each parent $630 per child per month. (Click the icon to view the monthly variable per child and fixed costs.) Read the requirements. Requirement 1. Calculate the breakeven point. Determine the formula used to calculate the breakeven quantity, then calculate the number of children that must be enrolled to break even. I]=Breakevennumberofchildren]= Requirement 2. White Rhino's target operating income is $10,500 per month. Compute the number of children who must be enrolled to achieve the target operating income. Data table Its monthly variable costs per child are as follows: Lunch and snacks \$ 120 Educational supplies 60 Other supplies (paper products, toiletries, etc.) 30 Total $210 Monthly fixed costs consist of the following: Rent $2,000 Utilities 450 Insurance 200 Salariac 2.900 Data table Other supplies (paper products, toiletries, etc.) 30 Total 30$210 Monthly fixed costs consist of the following: Requirements 1. Calculate the breakeven point. 2. White Rhino's target operating income is $10,500 per month. Compute the number of children who must be enrolled to achieve the target operating income. 3. White Rhino lost its lease and had to move to another building. Monthly rent for the new building is $3,200. In addition, at the suggestion of parents, White Rhino plans to take children on field trips. Monthly costs of the field trips are $1,400. By how much should White Rhino increase fees per child to meet the target operating income of $10,500 per month, assuming the same number of children as in requirement 2

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