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The Harold Company operates bowling alies. Investors would like to eam a 12% return on the company's $4,700,000 of assets. The company primary incurs feed

The Harold Company operates bowling alies. Investors would like to eam a 12% return on the company's $4,700,000 of assets. The company primary incurs feed costs to maintain the lanes. Fed costs are projecte be $2,000,000, About 440.000 customers are expected each year. Variable costs are $1.70 per bowler Using a cost plus approach, what price should Hard charge per bowler? Round to the cent O $6.25 $7.53 O $11.96 $1.70 O Cannot be determined from the information provided

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