Jordan 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:

Required

• Determine the average cost per person of the movie rental contract separately for each day.
• Suppose that Jordan chooses to price movie tickets at cost as computed in Requirementaplus $2.60. 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.

Jordan 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: Required a. Determine the average cost per person of the movie rental contract separately for each day. b. Suppose that Jordan chooses to price movie tickets at cost as computed in Requirement a plus $2.60. 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. Determine the average cost por person of the movie rental contract separately for each day. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. b. Suppose that Jordan chooses to price movie tickets at cost as computed in Requirement a plus $2.60. 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. Note: Round your intermediate calculations and final answers to 2 decimal places