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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 $3,100 of
Munoz Camps, Inc. leases the land on which it builds camp sites. Munoz is considering opening a new site on land that requires $3,100 of rental payment per month. The variable cost of providing service is expected to be $9 per camper. The following chart shows the number of campers Munoz expects for the first year of operation of the new site: Jan. 350 Feb. 360 Mar. 370 Apr. 390 May 670 June 630 July 770 Aug. 780 Sept. 470 Oct. 500 Nov. 470 Dec. 440 Required Assuming that Munoz wants to earn $6 per camper, determine the price it should charge for a camp site in February and August. (Do not round intermediate calculations.)
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