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The answer is not 16 and 21 Rooney Camps, Inc. leases the land on which it builds camp sites. Rooney is considering opening a new
The answer is not 16 and 21
Rooney Camps, Inc. leases the land on which it builds camp sites. Rooney is considering opening a new site on land that requires $2,200 of rental payment per month. The variable cost of providing service is expected to be $5 per camper. The following chart shows the number of campers Rooney expects for the first year of operation of the new site: Jan. 170 May Feb. 270 Mar. 230 Apr. 220 July 670 June 520 Aug. 670 Sept. 370 Oct. 400 Nov. 200 Dec. 320 Total 4,400 360 Required Assuming that Rooney wants to earn $8 per camper, determine the price it should charge for a camp site in February and August. (Do not round intermediate calculations.) Price February August Step by Step Solution
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