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Tom Davis runs a guiding company, Chief Adventures, based in Squamish, British Columbia, that takes customers on guided tours 12 months a year. During peak

Tom Davis runs a guiding company, Chief Adventures, based in Squamish, British Columbia, that takes customers on guided tours 12 months a year. During peak season, Davis employs up to 30 guides, all of whom are paid on an hourly basis at an average rate of $20 per hour. While there is some variation, tours are typically three hours in length. Chief Adventures has considerable fixed costs, including insurance, vehicle rentals, property taxes on its office building and warehouse, provincial licensing fees, utilities, wireless communications, administrative staff, and advertising. Each guided tour also results in variable costs, such as snacks for the customers, tour booklets, and other minor expenses. Other than the wages paid to guides, Tom has been recording all of these other fixed and variable costs as guiding expenses.\ For planning purposes, Tom would like to be able to separate the variable and fixed components of guiding expenses. He thinks that the variable costs related to each guided tour are likely to be closely related to the number of customers served during a month. To begin the analysis Tom has compiled monthly data for 2021 below. (Note: The guiding expenses exclude the hourly wages paid to guides.)\ \ \ \ Month Number of Customers Guiding Expenses\ January 1,500 $ 44,000 \ February 1,680 47,400 \ March 1,800 48,000 \ April 2,520 51,400 \ May 2,700 53,600 \ June 3,300 56,800 \ July 3,900 59,400 \ August 4,500 61,600 \ September 4,200 60,000 \ October 2,700 54,600 \ November 1,860 49,600 \ December 3,900 58,400 \ Total 34,560 $ 644,800 \ \ \ Required:\ \ 2. This part of the question is not part of your Connect assignment.\ \ \ \ 3. This part of the question is not part of your Connect assignment.\ \ \ \ 4. Assume that a small group of six tourists wants to go on a three-hour tour that will require two guides. What is the minimum amount Chief Adventures can charge the group to cover the variable expenses of the tour? (Round your intermediate calculations and final answer to 2 decimal places.)\

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