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Jim's Car Rental Has Fixed Costs of $220,000 Per Month

Question 41

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Jim's Car Rental has fixed costs of $220,000 per month and variable costs per car rented per day of $3. If Jim's charges $25 per day to rent a car, how many car-rental days the number of cars rented times the number of days each is rented) must Jim's have each month to breakeven? To make $33,000 per month before taxes?

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