Question: Question 14 (1 point) A golf course is planning for the coming season. Investors would like to earn a 14% return on the company's $35
Question 14 (1 point) A golf course is planning for the coming season. Investors would like to earn a 14% return on the company's $35 million of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $20,000,000 for the golfing season. About 450,000 golfers are expected each year. Variable costs are about 515 per golfer. Using a cost-plus approach, what price should the course charge for a round of golf? $78.50 $59.44 $15 $70.33 Question 15 (1 point) A Manufacturing company is trying to predict the cost associated with producing its product. At a production level of 30.000 units the company's average cost per hinitis 550.00. If $300,000 of the total costs are fixed, what is the variable cost of producing each pack? hop
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