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Score: 1.67 of 2 pts 3 of 3 (3 complete) HW Score: 93.33%, 4.67 of 5 pts S8-2 (similar to) Question Help WinterDreams operates a Rocky Mountain ski resort The company s planning its lift ticket pricing or e coming ski season Investors would like to earn a 16% return on the company's $115 million o assets. The company nars primarily fixed costs to groom the runs and operate the lifts. WinterDreams projects fixed costs to be $35,600,000 for the ski season. The resort serves 800,000 skiers and snowboarders each season. Variable costs are S8 per guest. Currently, the resort hars such a favorable reputation among skiers and snowboarders that it has some control over the lift ticket prices. 1. Would WinterDreams emphasize target costing or cost-plus pricing. Why? 2. If other resorts in the area charge $64 per day, what price should WinterDreams charge? still need to consider whether the cost-plus pnce is within the range customers are willing to pay. 2. If other resorts in the area charge $64 per day, what price should WinterDreams charge? Complete the following table to calculate the price WinterDreams should charge. (Round your answer to the nearest cent.) Fixed costs S 35,600,000 6,400,000 S 42,000,000 18,400,000 S 60,400,000 800,000 75.50 Plus: Total variable costs Total costs Desired profit Plus: Target revenue Divided by: Number of skiers/ snowboarders Price per lift ticket If other resorts in the area charge S64 per day, what price should WinterDreams charge? competing ski resorts in the area. Given WinterDreams reputation, they should 52.5 a day without affecting their volume. The price is sabove be able to charge S Choose from any list or enter any number in the input fields and then click Check