if summer camp is open for ten weeks and property tax ($10,000/10 weeks) given t
ID: 2446812 • Letter: I
Question
if summer camp is open for ten weeks and property tax ($10,000/10 weeks) given then I believe it should be $1000/per week and this $1000 would be the average cost and not the actual cost per week, is that right?
If summer camp is canceled for the last week and only open for 9 weeks instead of 10 weeks then what would be the cost per week? can we avoid the cost of $1000 for the last week? or it will still charge $10,000 for 9 week?
can we consider $10,000 as fixed cost in this case? If camp only last for 9 weeks, it will still charge $10,000 and last week cost would not be avoidable because they have given 10 weeks cost and not one week cost?
Explanation / Answer
if summer camp is open for ten weeks and property tax ($10,000/10 weeks) given then I believe it should be $1000/per week and this $1000 would be the average cost and not the actual cost per week, is that right?
Yes It is right that It is an average cost .
If summer camp is canceled for the last week and only open for 9 weeks instead of 10 weeks then what would be the cost per week? can we avoid the cost of $1000 for the last week? or it will still charge $10,000 for 9 week?
cost per week = 10000/9 = $ 1111.11
No we cannot avoid the cost of $1000 for the last week , it will still charge $10,000 for 9 week as it is Fixed cost.
can we consider $10,000 as fixed cost in this case? If camp only last for 9 weeks, it will still charge $10,000 and last week cost would not be avoidable because they have given 10 weeks cost and not one week cost?
Yes we will consider $10,000 as fixed cost in this case If camp only last for 9 weeks, it will still charge $10,000 and last week cost would not be avoidable because they have given 10 weeks cost and not one week cost.
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