Question
Venture Camps, Inc., leases the land on which it builds camp sites. Venture is considering opening a new site on land that requires $3,700 of
Venture Camps, Inc., leases the land on which it builds camp sites. Venture is considering opening a new site on land that requires $3,700 of rental payment per month. The variable cost of providing service is expected to be $9 per camper. The following chart shows the number of campers Venture expects for the first year of operation of the new site: Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Total 470 420 530 550 850 690 880 840 580 560 530 500 7,400
Required: Assuming that Venture wants to earn $9 per camper, determine the price it should charge for a camp site in February and August.
Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. | Total |
470 | 420 | 530 | 550 | 850 | 690 | 880 | 840 | 580 | 560 | 530 | 500 | 7,400 |
need the price for February and August
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