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