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Mountaintop golf course is planning for the coming season. Investors would like to earn a profit of $5,640,000. The company primarily incurs fixed costs to

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Mountaintop golf course is planning for the coming season. Investors would like to earn a profit of $5,640,000. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $20,000,000 for the golfing season About 440,000 golfers are expected each year. Variable costs are about $17 per golfer. Mountaintop golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf Using a cost plus approach, what price should Mountaintop charge for a round of golf? $75.27 $119.64 517 $6245

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