Question
Rundle Camps, Inc. teases the land on which it builds camp sites. Rundle is considering opening a new site on land that requires $5,250 of
Rundle Camps, Inc. teases the land on which it builds camp sites. Rundle is considering opening a new site on land that requires $5,250 of rental payment per month. The variable cost of providing service is expected to be $7 per camper. The following chart shows the number of campers Rundle expects for the first year of operation of the new site: Jan. 430 Feb. 400 Mar. 510 June Apr. 530 May 790 670 July 860 Aug. 820 Sept.Oet. 560 540 Nov. 410 Dec. 480 Total 7,000 Required Assuming that Rundle 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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