Can you only answer C and D please? **Biscayne's Rent-A-Ride: Automobile Rental Models**Biscayne's Rent-A-Ride offers two automobile models: standard and deluxe. Below is the financial information for each model:| Model | Rental Price per Day | Variable Cost per Day ||------------|----------------------|-----------------------|| Standard | $68.00 | $29.50 || Deluxe | $76.00 | $34.20 |Biscayne's total fixed cost is $28,000.00 per month.**Objective:**Determine Biscayne’s new break-even point in the following scenarios:1. **Product Mix Scenario (40/60):** - Don't round intermediate calculations. Round your final answer to the nearest whole number. - **Break-Even Point: [ ] Rental Days**2. **Sales Price Increase Scenario:** - Both models' sales prices increase by 10% with an assumed product mix of 50/50. - Don't round intermediate calculations. Round your final answer to the nearest whole number. - **Break-Even Point: [ ] Rental Days** Complete the calculations to find the rental days needed to break even under each scenario. **Break-Even Analysis: Rental Days****Scenario c:** - Fixed costs increase by $6,000.- Assume a product mix of 50/50.- Calculate the break-even point without rounding intermediate calculations.- Round the final answer to the nearest whole number.**Break-Even Point:**[Input box] Rental Days**Scenario d:**- Variable costs increase by 20 percent.- Assume a product mix of 50/50.- Calculate the break-even point without rounding intermediate calculations.- Round the final answer to the nearest whole number.**Break-Even Point:**[Input box] Rental DaysThese scenarios involve calculating break-even points under different cost conditions. Ensure accuracy in calculations by withholding rounding until the final step.

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Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard $68.00 29.50 Deluxe Rental price per day Variable cost per day $76.00 34.20 Biscayne's total fixed cost is $28,000.00 per month. Required: 1. Determine Biscayne's new break-even point in each of the following independent scenarios:

Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Standard $68.00 29.50 Deluxe Rental price per day Variable cost per day $76.00 34.20 Biscayne's total fixed cost is $28,000.00 per month. Required: 1. Determine Biscayne's new break-even point in each of the following independent scenarios:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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