A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per weekFixed costs $192,000 per sessionVariable cost per camper $320 per weekCapacity 200 campers (a) Develop the mathematical relationships for total cost and total revenue.(b) What is the total number of campers that will allow the camp to just break even?(c) What is the profit or loss for the 12-week session if the camp operates at 80% capacity?(d) What are marginal and average costs per camper at 80% capacity? (e) Would it be ethical to charge campers different rates depending on their family's socioeconomic status? Identify and describe two points pro and two points con for such a policy.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?