5 Save & Ex Submit Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Part 2 of 2 2.5 point Required information 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 Number of Cost to Run Werk Campers Cano 1 122 19,210 2 176 14,438 3 106 8,910 4 100 0,900 5 96 0,770 6 128 9,718 7 124 196 9,928 13,370 Intercept X Variable I Coefficients 3,262.05 54.93 100 additional week duro the summer. Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. LO 5 Number of Cost to Run Week Campers Camp 1 122 $9,210 2 176 14,430 3 106 0,910 Part 2 of 2 4 100 8,900 96 8,778 6 128 9,710 7 124 9,920 25 points 196 13,370 Intercept X Variable 1 Coefficients 3,262.05 54.91 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 $153 to attend the camp for a week 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 194 campers that week. 3. Should Rainbow add a ninth week to its schedule? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. 5 Required information Answer is complete but not entirely correct. Part 2 of 2 2.5 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow.expects to have 194 campers that week. (Round your intermediate calculations and final answers to 2 decimal places) CAMP RAINBOW Contribution Margin Income Statement For Possible 9th Week Sales Revenue Variable Costs 23.256.00 8,346.32 Contribution Margin 14,900 68 Fixed Costs 3,262 05 Net Operating Income 11.04783 Required 1 Required 3> totalt does not indicate completion Part 2 of 2 25 Required information Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week assuming Rainbow.expects to have 194 campers that week. (Round your intermediate calculations and final answers to 2 decimal places.) CAMP RAINBOW Contribution Margin Income Statement For Possible 9th Week Sales Revenue Variable Costs 23.256.00 O 340.32 O Contribution Margin Fixed Costs 14,000 08 O 0 3.25205 Net Operating Income 11,547.63 0