Camp Gordon Has Annual Fixed Operating Costs of £150,000 and Variable

question 23

Multiple Choice

Camp Gordon has annual fixed operating costs of £150,000 and variable cost of £550 per camper. Total fees charged to campers amount to £500 each. The camp expects 350 campers next summer. Projected government grants are £95,000. How much must Camp Gordon raise from other sources to break even?

• A)£45,000
• B)£37,500
• C)£97,500
• D)£72,500

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Definitions:

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, often measured as an indicator of cardiovascular health.

Arteriosclerosis

A condition characterized by the thickening, hardening, and loss of elasticity of the walls of arteries.

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to various parts of the body.

Elasticity

The ability of an object or material to resume its normal shape after being stretched or compressed, often referring to skin or other tissues in the human body.