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Adams Camps, Inc. leases the land on which it builds camp sites. Adams is considering opening a new site on land that requires $2,600 of
Adams Camps, Inc. leases the land on which it builds camp sites. Adams is considering opening a new site on land that requires $2,600 of rental payment per month. The variable cost of providing service is expected to be $5 per camper. The following chart shows the number of campers Adams expects for the first year of operation of the new site: Jan. 250 Feb. 310 Mar. 310 Apr. 260 May 480 June 560 July Aug. 710 710 Sept. Oct. 410 440 Nov. 400 Dec. 360 Total 5,200 Required Assuming that Adams wants to earn $10 per camper, determine the price it should charge for a camp site in February and August. (Do not round intermediate calculations.) Price February August
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