value:00 points Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard Deluxe Rental...
can you please help me understand these like, how to approach it and such. thank you!
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value: 1.00 points Biscayne‘s Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard DeluxeRental price per day $58.00 $66.00Variable cost per day 24.50 29.20 Biscayne's total fixed cost is $25,500.00 per month. Required:1. Determine Biscayne’s new break-even point in each of the following independent scenarios: a. Product mix is 40/60. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Rental Days b. Sales price increases on both models by 15 percent. (Assume a product mix of 50/50.) (Do not round your intermediatecalculations. Round your answer to the nearest whole number.) Rental Days o. Fixed costs increase by $5,000. (Assume a product mix of 50/50.) (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Rental Days d. Variable costs increase by 20 peroent. (Assume a product mix of 50/50.) (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Rental Days
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