Rooney Camps, Inc. leases the land on which it builds camp sites. Rooney is considering opening...
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Rooney Camps, Inc. leases the land on which it builds camp sites. Rooney is considering opening a new site on land that requires $2,200 of rental payment per month. The variable cost of providing service is expected to be $5 per camper. The following chart shows the number of campers Rooney expects for the first year of operation of the new site: Nov. Dec. Total Sept. 370 July Oct. Aug. 670 Feb. Mar. Apr. 220 May 360 Jan. June 400 200 320 4,400 170 270 230 520 670 Required Assuming that Rooney wants to earn $8 per camper, determine the brice it should charge for a camp site in February and August. (Do not round intermediate calculations.) Price February August Rooney Camps, Inc. leases the land on which it builds camp sites. Rooney is considering opening a new site on land that requires $2,200 of rental payment per month. The variable cost of providing service is expected to be $5 per camper. The following chart shows the number of campers Rooney expects for the first year of operation of the new site: Nov. Dec. Total Sept. 370 July Oct. Aug. 670 Feb. Mar. Apr. 220 May 360 Jan. June 400 200 320 4,400 170 270 230 520 670 Required Assuming that Rooney wants to earn $8 per camper, determine the brice it should charge for a camp site in February and August. (Do not round intermediate calculations.) Price February August
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Price for February Fixed expenses RentM 2200 Variable cost 5 ... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor-Yi Tsay, Philip Old
Posted Date:
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