Homework: Chapter 8 Homework (GRADED) SnowDreams operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for costs to groom the runs and operate the lifts. SnowDreams projects fixed costs to be $35,600,000 for such a favorable reputation among skiers and snowboarders that it has some control over the lift ticke Would SnowDreams emphasize target costing or cost-plus pricing. Why? 2. If other resorts in the area charge $64 per day, what price should SnowDreams charge? 1. 1. Would SnowDreams emphasize target costing or cost-plus pricing. Why? SnowDreams should emphasize a cost-plus approach to pricing because it has been able to differe still need to consider whether the cost-plus price is within the range customers are willing to pay. 2. If other resorts in the area charge $64 per day, what price should SnowDreams charge? Complete the following table to calculate the price SnowDreams should charge. (Round your answer Plus: Plus: Target revenue Divided by: Price per lift ticket Help me solve this Video Get more help et pricing for the coming ski season. Investors would like to earn a 16% retum on the company's $115 milion of assets. The company incurs primarily fixed 5,600,000 for the ski season. The resort serves 800,000 skiers and snowboarders each season. Variable costs are $8 per guest. Currently, the resort has or the lift ticket prices. arge? 200 able to differentiate its ski resort from others in the area. Because of its favorable reputation managers will have some control over pricing. Of course, they ming to pay Do? your answer to the nearest cent)