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It says to round the intermediate calculations... I can't figure out the reasonable price? Walton Cinemas is considering a contract to rent a movie for
It says to round the intermediate calculations... I can't figure out the reasonable price?
Walton Cinemas is considering a contract to rent a movie for $2,300 per day. The contract requires a minimum one- week rental period. Estimated attendance is as follows: Monday 400 Tuesday 300 Wednesday Thursday 510 Friday 950 Saturday 950 Sunday 550 180 Required a. Determine the average cost per person of the movie rental contract separately for each day. b. Suppose that Walton chooses to price movie tickets at cost as computed in Requirement a plus $2.40. 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 Req B and C EX Suppose that Walton chooses to price movie tickets at cost as computed in Requirement a plus $2.40. What price would it ch ticket on each day of the week? Use weekly averaging to determine a reasonable price to charge for movie tickets. (Round y intermediate calculations and final answer to 2 decimal places.) This is a numeric cell, so please Wednesday Thursday Friday Saturday Sunday enter numbers only. Price per 107 $ 15.18 $ 6.91 $ 4.82 $ 4.82 $ 6.58 Reasonable priceStep by Step Solution
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