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

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Answer:

Price to be charged
Feb= $29.86
Aug= $22.84
February August
Amount($) Amount($)
A Units to be sold                         350            770
B Variable cost per unit                             8                8
C=A x B Total variable cost to be recovered                      2,800         6,160
D Profit per unit required                             9                9
E=D x A Total profit to be recovered                      3,150         6,930
F Fixed cost to be recovered                      4,500         4,500
G=C+E+F Total revenue required                    10,450       17,590
H=G/A Price to be charged                      29.86         22.84
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