Chapter 5 Homework 6 12 E5-13, E5-14 and 15-16 LO 5-2,5-3,5-4,5-5) Camp Rainbow offers overnight summer camp programs for children ages D-14 every summer during June and Jury 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 wooks and girls attend during the ovencumbered wooks while at the camp, participants make crafts participate in various sports, help care for the camp's resident animas, have cookouts and hayrides, and help asseblo toys for local underprivileged children The camp provides al food as well as materials for all cran classes and the says 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 Came Rainbows operations last summer Number of Cost to un Week Camper 1 50,6 2 124 0.550 3 150 11.30 4 18 13.20 5 178 14,130 6 13.00 7 112 9.210 96 8.2 102 106 ES-16 (Algo) Preparing Contribution Margin Income Statement (LO 5-5) Coefficients Intercept 5.3. X Variable 1 53.45 Suppose that Rainbow In contemplating taying open one additional week during the summer Required Using the returs of the squares regression analysis, determine Rainbows contribution margin per camper if each comper boys 2. Using the results of the least squares regression analysis, prepare a contribution margin income statement for week 9 msuming 3. Should Rainbow add a ninth week to its schedule Complete the question by entering your answers in the tabs below. Required! Required 2 Required Chapter 5 Homework Save 6 Following is the cost information for Camp Rainbow's operations last summer Number of Cost to Run Week Carpers Cup 1 102 10.00 2 124 9,550 150 11.330 4 180 5 10.820 178 14,150 6 106 11.900 7 112 9.270 06 8.20 17 E5-16 (Algo) Preparing Contribution Margin Income Statement (LO 5-5) Intercept X Variable 1 Coefficient 3,333.56 53.49 Reference Suppose that Rainbow is contemplating staying open one additional week during the summer. Required: 1. Using the resuts of the least squares regression analysis, determine Rainbow's contribution maron per camper each camper boys 2. Using the results of the least squares regressionnalysis, prepere a contribution margin income statement for week 9 assuming Rainbow expects to have 90 campers that week 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Required Required 2 Required Using the results of the leastsouares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $172 to attend the camp for a week. Round your unit contribution margin and contribution margin percentage ratio to two decimal places (0.1254 should be entered as 12.349.)) percuper Uno Mergin Contribution Marino 6 Required information Corts 3.333.54 Part 3 Intercept X Variable 1 Sep Suppose that Rainbow is contempting staying open one actional week during the summer Required: 2. Using the results of the least squares regression analysis, determine Rainbows contribution margin per camper if each camper says 2. Using the results of the lost soumres regression analys, prepare a contribution margin income statement to work 9 assuming Rainbow expects to have 90 campes that work 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Required Red Roured Uung the rest of the stres regression analys, prepare a contribution margin income statemere for me assuming Rambow expects to Naves campers that wound your intermediate action and to 2 decimale) CAMP RANBOW Cornice Statement For Donary Nel Operating come 6 POR OTRO LAW pernemer Number of cost to Run Work Campers 1 102 $8.50 2 124 9,550 3 150 11,330 4 100 13,620 5 170 14,150 0 280 13.000 7 112 # 9.270 96 8,230 12 ES-16 (Algo) Preparing Contribution Margin Income Statement (LO 5-5) Corrent Intercept 3,333.36 x variable Suppose that Rainbow is contemplating staying open one additional woox during the summer Required: 1. Using the resurs of the most squares regression analysis, determine Rainbows contribution margin per camper it each campur boys 2. Using the results of the best quotes regression analysis, prepare a contribution margin income statement for week assuming Rainbow expects to have 90 campers that work 3. Should Rainbow add a ni week to schedule Complete this question by entering your answers in the tabs below. Required equired Kered Show Rainbow add a ninth weak to what? Should Rainbow at work to is schedule? Rowed