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9. Venture Camps, Inc., leases the land on which it builds camp sites. Venture is considering opening a new site on land that requires $3,750

9.

Venture Camps, Inc., leases the land on which it builds camp sites. Venture is considering opening a new site on land that requires $3,750 of rental payment per month. The variable cost of providing service is expected to be $6 per camper. The following chart shows the number of campers Venture expects for the first year of operation of the new site:

Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Total
230 300 290 250 450 550 700 700 400 430 350 350 5,000

Required:

Assuming that Venture wants to earn $7 per camper, determine the price it should charge for a camp site in February and August.

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