how to solve this problem

User Generated

guvreab90

Economics

Question Description

TY company  has the cost data for 12 week summer camps as follows:

charge per camper = $400/week

variable cost per camper = $220 week

Fixed cost = 240000 per summer season

capacity per week = 200 campers

a. determine the total number of camper to breakeven

b. profit it the camp is functioning @ 70%

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Explanation & Answer

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a.200X 12

=2400

b   (400x12)+(240000)+(200x12)+(220x12)

=249840X70/100

=174,888

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WbryWbry (52)
UC Berkeley

Anonymous
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