Pdq repairs has 200 auto-maintenance service outlets nationwide. it performs primarily two lines of service: oil changes and brake repair. oil change–related services represent 60% of its sales and provide a contribution margin ratio of 15%. brake repair represents 40% of its sales and provides a 40% contribution margin ratio. the company’s fixed costs are $15,500,000 (that is, $77,500 per service outlet). collapse question part (a) calculate the dollar amount of each type of service that the company must provide in order to break even. (use weighted-average contribution margin ratio rounded to 2 decimal places e. g. 0.25 and round final answers to 0 decimal places, e. g. 2,510.) oil changes $ brake repair $ click if you would like to show work for this question: open show work

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?