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Fanning Cinemas is considering a contract to rent a movie for $1,700 per day. The contract requires a minimum one-week rental period. Estimated attendance is

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Fanning Cinemas is considering a contract to rent a movie for $1,700 per day. The contract requires a minimum one-week rental period. Estimated attendance is as follows: Monday 470 Tuesday 350 Wednesday 160 Thursday 550 Friday 980 Saturday 980 Sunday 490 Required a. Determine the average cost per person of the movie rental contract separately for each day. b. Suppose that Fanning chooses to price movie tickets at cost as computed in Requirement a plus $2.30. What price would it charge per ticket on each day of the week? c. Use weekly averaging to determine a reasonable price to charge for movie tickets. Complete this question by entering your answers in the tabs below. Req A Reg B and C Determine the average cost per person of the movie rental contract separately for each day. (Round your answers to 2 decimal places.) Monday Tuesday Wednesday Thursday Friday Saturday Sunday Day Average cost per person RegBand C > Fanning Cinemas is considering a contract to rent a movie for $1,700 per day. The contract requires a minimum one-week rental period. Estimated attendance is as follows: Monday 470 Tuesday 350 Wednesday 160 Thursday 550 Friday 980 Saturday 980 Sunday 490 Required a. Determine the average cost per person of the movie rental contract separately for each day. b. Suppose that Fanning chooses to price movie tickets at cost as computed in Requirement a plus $2.30. What price would it charge per ticket on each day of the week? c. Use weekly averaging to determine a reasonable price to charge for movie tickets. Complete this question by entering your answers in the tabs below. Reg A Reg B and C Suppose that Fanning chooses to price movie tickets at cost as computed in Requirement a plus $2.30. What price would it charge per ticket on each day of the week? Use weekly averaging to determine a reasonable price to charge for movie tickets. (Round your Intermediate calculations and final answer to 2 decimal places.) Day Monday Tuesday Wednesday Thursday Friday Saturday Sunday Price per ticket Reasonable price

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