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Camp Rainbow offers overnight summer camp programs for children ages 1 0 to 1 4 every summer during June and July. Each camp session is

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Camp Rainbow offers overnight summer camp programs for children
ages 10 to 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:
Suppose that Rainbow is contemplating staying open one additional week during the
summer.
Required:
Using the results of the least-squares regression analysis, determine Rainbow's
contribution margin per camper if each camper pays $162 to attend the camp for a
week.
Using the results of the least-squares regression analysis, prepare a contribution
margin income statement for week 9 assuming Rainbow expects to have 130
campers that week.
Should Rainbow add a ninth week to its schedule?
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