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 eccommodate up to 200 children. The camp is not coed, 50 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 croft classes and the toys to be assembled. One cabin can accommodate up to 10 chlldren, 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: 1. Using the results of the least-squares regression analysis, determine Roinbow's contribution margin per camper if each camper pays $175 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 170 campers that week. 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Using the results of the least-squares regression analysis, determine Rainbow's contnbution margin per camper if each camper pars $175 to attend the camp for a week. Note: Do not round your intermediate calculations. Round your unit contribution margin and contribution margin ratio to two decimal places (L.e., 1234=12.34%.). Aequired information [The following informavor apples to the guestions divplinged below] Camp Aainbow ofless overnight summer camp programs for clildren ages 10 to 14 every summer during June and July. Each camp session is ono week and can occommodate up to 200 chidien. The camp is not cood, so boy attend during the odd mumbered weeks and girls attend during the even-numbered weeks. While at the camp, paricipents make crafts, participete in various sports. help care for the campls resdent animals, have cookouts and hayides, and help assemble Ioys for locel underprivileged chlidren The camp provides all food as wet as matorlats for ati craft classes and the toys to be sisembled, One cabin can accommodate up to 10 chlidren, and one carp counselor is assigned to each cabin. Thuee carp managers are on the regardless of the number of campes ervelled. Folowing is the cost information for Camp Rainbow's operations last summen Uppote that Rainbow is cortemplating staying open one addilional week during the summer. - Using the results of the leastsquares regression analysis, determine Ranbow's contribution margin per eamper if each camper pays 5155 to attend the camp for a week. - Using the resuts of the leastsquares regression onalysis, prepare s contribition margin income statement for week 9 assuming Rainbow expects to have 170 campers that week Should Rainbow add a ninth week to its schedule? Cemplete this questlon by entering your answers in the tabs below. Using the results of the least-squares regression analyis, prepore a contribution margin incorne statement for week o assuming Raintew expects to have 170 campers that week. Required information The following information apples to the questions disployed below] Camp Rainbow offers ovemight summer camp programs for children ages to to 14 every summer durhg June and July. Eoch camp sestan is one week and can accammodate up 10200 chlidien. The camp is not coed, so boys atiend during the odd-numbered weeks and glis attend durng the even-mumbered weeks. While of the camp, participants make crafs. participote in various sports, help care for the camp's resident animas, hove cookouts and hoyrides, and help assemble toys for locol underprivieged children. The camp provides all food as well as materials for all crat classes nnd the toys to be assembled, One cabin can accommodate up to to chlidren, and one comp counselor is assigned to ebch cabin. Three camp managers are onste regardless of the number of campers enrolled. Folowing is the cost information for Camp Rainbow's operations last summer: Suppose that Rainbow is contemplating staying open one additional week during the summec. 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. 2. Using the results of the least-squares regression anolysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 170 campers that week 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Should Rainbow add a ninth week to its schedule
