A privately owned summer camp for youngsters has the following data for a 15- :weeksession Charge per camper $130 per week Fixed costs $42,000 per session Variable cost per camper $70 per week Сарacity 180 campers Develop the mathematical relationships for (a) .total cost and total revenue What is the total number of campers that (b) ?will allow the camp to just break even What is the profit or loss for the 12-week (c) ?session if the camp operates at 80% capacity

A privately owned summer camp for youngsters has the following data for a 15- :weeksession Charge per camper $130 per week Fixed costs $42,000 per session Variable cost per camper $70 per week Сарacity 180 campers Develop the mathematical relationships for (a) .total cost and total revenue What is the total number of campers that (b) ?will allow the camp to just break even What is the profit or loss for the 12-week (c) ?session if the camp operates at 80% capacity

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A privately owned summer camp for
youngsters has the following data for a 15-
:weeksession
Charge per camper
$130 per week
Fixed costs
$42,000 per
session
Variable cost per camper
$70 per week
Сарacity
180 campers
Develop the mathematical relationships for (a)
.total cost and total revenue
What is the total number of campers that (b)
?will allow the camp to just break even
What is the profit or loss for the 12-week (c)
?session if the camp operates at 80% capacity

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