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Question 22 2.86 pts Philadelphia Swim Club is planning for the coming year. Investors would like to earn a profit of $3,700,000. The company primarily

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Question 22 2.86 pts Philadelphia Swim Club is planning for the coming year. Investors would like to earn a profit of $3,700,000. The company primarily incurs fixed costs to maintain the swimming pool. Fixed costs are projected to be $12,600,000 for the year. About 540,000 members are expected to swim each year. Variable costs are about $11 per swimmer. The Philadelphia Swim Club has a favorable reputation in the area and therefore, has some control over the membership price. Using a cost-plus approach, what price should Philadelphia Swim Club charge for a membership? $29.48 $43.19 $41.19 $6.85

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