Camp Hole-in-the-Wall provides children who have chronic medical conditions with 1-week summer vacations. The Camp owns a 500-acre facility in the Berkshire Mountains, where it brings the kids. The annual depreciation expense for the camp is $100,000. The camp hires one counselor for every 10 campers. It also employs a full-time doctor, a nurse, two cooks, and a camp director. It costs $75 per week to feed each camper and an additional $30 round-trip to transport them to and from the camp. Which of the camp’s expenses are
a. fixed,
b. step-fixed or semi-variable costs,
c. variable, and
d. not included in the camp’s cash budget.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here