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Jordan Camps, Inc. leases the land on which it builds camp sites. Jordan is considering opening a new site on land that requi

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Answer #1

Answer

Price per camper Total Price
Feb $25.97 $9,610.00
Aug $19.08 $15,070.00

--Workings

Variable cost per camper Fixed cost No of campers Fixed cost per camper Target profit per camper Price per camper should be
[A] [B] [C] [D= B/C] [E] [F = A + D + E]
Feb $4.00 $4,800.00 370 $12.97 $9.00 $25.97
Aug $4.00 $4,800.00 790 $6.08 $9.00 $19.08
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