subject
Business, 28.11.2019 04:31 tramqpham25

Venture camps, inc., leases the land on which it builds camp sites. venture is considering opening a new site on land that requires $2,500 of rental payment per month. the variable cost of providing service is expected to be $6 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
120 250 200 200 300 500 650 650 350 380 100 300 4,000
required:
assuming that venture wants to earn $5.50 per camper, determine the price it should charge for a camp site in february and august. (do not round intermediate calculations.)

i got $21.50 for feb and $15.50 for aug which is apparently incorrect even though i did the math:

$21.50 x 250 = 53750

- 2500

= 2875

6*250 = - 1500

= 1375 / 250

= 5.5

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)
Answers: 1
question
Business, 21.06.2019 23:30
Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?
Answers: 1
question
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
question
Business, 22.06.2019 11:30
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
You know the right answer?
Venture camps, inc., leases the land on which it builds camp sites. venture is considering opening a...
Questions
question
Mathematics, 23.11.2019 02:31
Questions on the website: 13722367