2-7 A privately owned summer camp for youngsters has the following data for a 12-week session: Charge

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2-7 A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed costs $192,000 per session Variable cost per camper $320 per week Capacity 200 campers

(a) Develop the mathematical relationships for total cost and total revenue.

(b) What is the total number of campers that will allow the camp to just break even?

(c) What is the profit or loss for the 12-week session if the camp operates at 80% capacity?

(d) What are marginal and average costs per camper at 80% capacity?

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Engineering Economic Analysis

ISBN: 9780357419687

11th Edition

Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle

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Question Posted: Oct 26, 2024 06:01 AM

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2-7 A privately owned summer camp for youngsters has the following data for a 12-week session: Charge

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Engineering Economic Analysis

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