16.00 polnts 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 maragers are on-site regardless of the number of campers enrolled. The results of the least-squares regression of the number of campers and the cost to run camp are given below Intercept Number of Campers Coefficients 1876.55 60.73 Suppose that Rainbow is contemplating staying open one additional week during the summer Required: 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $175 to attend the camp for a week (Round your answers to 2 dcimal places. Unit Contribution Margin $ 114 27 Contribution Margin Ratio 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 170 campers that week. (Round your answers to 2 decimal places.) CAMP RAINBOW Contrbution Margin Income Statement For Possible 9th Week Sales Revenue riable Costs Contribution Margin Net Operating Income 3. Should Rainbow add a nintn week to its schedule? Yes No