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Benson Camps, Inc. leases the land on which it builds camp sites. Benson is considering opening a new site on land that requires $4,000 of
Benson Camps, Inc. leases the land on which it builds camp sites. Benson is considering opening a new site on land that requires $4,000 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 Benson expects for the first year of operation of the new site: Jan. 530 Feb. 450 560 580 Mar. Apr. May June July 940 720 910 Aug. 870 Sept. Oct. 610 590 Nov. 710 Dec. 530 Total 8,000 Required Assuming that Benson wants to earn $7 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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