requirement 1 and 2 please
Winter Mountains operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming skisouson Investors would like to earn a 10% retorn on investment on the company bxed costs to groom to runs and operate the lifts Winter Mountains projects food costs to be $30,000,000 for the ski season The resort serves about 710,000 skers and snowboarders each season has such a worable reputation among skers and Snowboarders that has some control over the little prices Read the ski season Investors would like to earn a 10% return on investment on the company's $260,900,000 of assets. The company primarily incurs ki season. The resort serves about 710,000 skiers and snowboarders each season Variable costs are about $8 per guest Currently, the resort Requirement 1. Would Winter Mountains emphasize target pricing or cost.plus pricing? Why? Winter Mountains should emphasize a approach to pricing because it has been able to differentiate its ski resort from others consider whether the price is within the range customers are willing to pay Requirement 2. If other resorts in the area charge $83 per day, what price should Winter Mountains charge? Complete the following table to calculate the price Winter Mountains should charge per lift ticket Plus Pus Divided by Price per litt ticket Given Winter Mountains's favorable reputation, they control over pricing Of course, they still need to esort from others in the area. Because of its good reputation managers will have anter Mountains should emphasize a Onsider whether the price approach to pricing because it has been able stomers are willing to pay ay what price should Winter Mount cost plus iuntains should charge per litt ticket Requirement 2. If other resorts in the a Complete the following table to calculat target Plus Plus Divided by Price pericket Given Winter Mountains's favorable reputation, they Type here to search o II I anagers will have control over pricing. Of course, they still need to no some Requirement 2. If other resorts in the area charge $83 per day, what price should Winter Mountai Complete the following table to calculate the price Winter Mountains should charge per lift ticket. Desired profit Fixed costs Number of skiers / snowboarders Target revenue Total costs Total variable costs ey should be able to charge the price above without affecting their volume. won't be able to charge the price above without affecting their volume