Wild Tiger provides daycare for children Mondays through Fridays. Wild Tiger charges each parent $590 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. Breakeven number of children Requirement 2. Wild Tiger's target operating income is $10,200 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 Requirement 3. Wild Tiger lost its lease and had to move to another building. Monthly rent for the new building is $3,550. In addition, at the suggestion of parents, Wild Tiger plans to take children on field trips. Monthly costs of the field trips are $1,200. By how much should Wild Tiger increase fees per child to meet the target operating income of $10,200 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. Increase in fee per child Requirements I 1. 2. 3. Calculate the breakeven point. Wild Tiger's target operating income is $10,200 per month. Compute the number of children who must be enrolled to achieve the target operating income. Wild Tiger lost its lease and had to move to another building. Monthly rent for the new building is $3,550. In addition, at the suggestion of parents, Wild Tiger plans to take children on field trips. Monthly costs of the field trips are $1,200. By how much should Wild Tiger increase fees per child to meet the target operating income of $10,200 per month, assuming the same number of children as in requirement 2? Its monthly variable costs per child are as follows: Lunch and snacks Educational supplies Other supplies (paper products, toiletries, etc.) Total Monthly fixed costs consist of the following: Rent Utilities Insurance Salaries Miscellaneous Total $ 2,050 300 340 1,860 550 $ EA 5,100 EA 160 60 30 $ 250