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Munoz Camps, Inc. leases the land on which it builds camp sites. Munoz is considering opening a new site on land that requires $3,750 of
Munoz Camps, Inc. leases the land on which it builds camp sites. Munoz 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 Munoz expects for the first year of operation of the new site: Jan 230 Feb 300 Mar 290 Apr 250 May 450 June 550 July 700 Aug. 700 Sept. 400 Oct. Nov. 430 350 Dec. 350 Total 5,000 Required Assuming that Munoz wants to earn $7 per camper, determine the price it should charge for a camp site in February and August. (Do not round intermediate calculations.) Price February August
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