2. If other resorts in the area charge $65 per day, what price should Winter Sports charge?Complete the following table to calculate the price Winter Sports should charge. (Round your answer to the nearest cent.)Fixed costs$ 33,750,0007,500,000Plus:Total costsTotal variable costsDesired profit$ 41,250,00015,000,000$ 56,250,000750,00075.00Plus:Target revenueDivided by: Number of skiers / snowboardersPrice per lift ticketIf other resorts in the area charge $65 per day, what price should Winter Sports charge?The price isbe able to chargecompeting ski resorts in the area. Given Winter Sports reputation, they shoulda day without affecting their volume.

Answer for above requirement are as follows

If other resorts in the area charge $65 per day, what price should Winter Sports charge? The price is be able to charge competing ski resorts in the area. Given Winter Sports reputation, they should a day without affecting their volume.

If other resorts in the area charge $65 per day, what price should Winter Sports charge? The price is be able to charge competing ski resorts in the area. Given Winter Sports reputation, they should a day without affecting their volume.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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