Question: Exercise 2 - 1 5 A ( Algo ) Averaging costs LO 2 - 5 Baird Camps, Incorporated leases the land on which it builds
Exercise A Algo Averaging costs LO
Baird Camps, Incorporated leases the land on which it builds camp sites. Baird is considering opening a new site on land that requires $ of rental payment per month. The variable cost of providing service is expected to be $ per camper. The following chart shows the number of campers Baird expects for the first year of operation of the new site:
tableJanuaryFebruary,March,April,May,June,July,August,September,October,November,December,Total
Required
Assuming that Baird wants to earn $ per camper, determine the price it should charge for a camp site in February and August. Note: Do not round intermediate calculations.
tablePriceFebruaryAugust
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