Camp Rainbow offers overnight summer camp programs for children ages 10-14 every

Question

Camp Rainbow offers overnight summer camp programs for children ages 10-14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer: Cost to Run Camp Number of Week Campers 172 112 148 184 174 152 140 104 S13,810 9,350 11,360 14,380 14,000 12,440 10,180 8,440 Required 4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child. (Round your intermediate calculations and final answer to 2 decimal places.) Fixed Cost Variable Cost per Child 5. Using the high-low method results, calculate the camp's expected operating cost if 130 children attend a session. (Round your intermediate calculations and final answer to 2 decimal places.) Cost

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Cost at highest level of activity           14,380.00 Cost at Lowest level of activity             8,440.00 Highest level of activity                 184.00 Lowest Level of activity                 104.00 Variable cost per unit = (14380 - 8440)/(184 - 104) Variable cost per unit = 5940 / 80 Variable cost per unit = $74.25 Fixed Costs = 8440 - 104 * 74.25 Fixed Costs = $718 5) Operating cost = 718 + 74.25*130           10,370.50

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