Franklin Camps, Incorporated leases the land on which it builds camp sites. Franklin 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 Franklin expects for the first year of operation of the new site:

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

Franklin Camps, Incorporated leases the land on which it builds camp sites. Franklin is considering opening a new site on land that equires $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 Franklin expects for the first year of operation of the new site: Required Assuming that Franklin wants to earn $7 per camper, determine the price it should charge for a camp site in February and August. Note: Do not round intermediate calculations