Chi E9-13, E5-14 and E-10 [LU D-2, 1-3, 0-4, 5-5 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 Week 1 2 3 4 5 6 7 8 Number of Cost to Run Campers Camp 122 $9,548 138 11,330 112 9,888 150 10, 360 94 8,95e 98 8,470 90 8,500 188 13,890 E5-16 (Algo) Preparing Contribution Margin Income Statement (LO 5-5) Intercept X Variable 1 Coefficients 1,779.88 66.39 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 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 112 campers that week, 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Preu of Next DAR Required information assuming Rainbow expects to have 112 campers that week. (Round your intermediate calculations and final ans decimal places.) CAMP RAINBOW Contribution Margin Income Statement For Possible 9th Week Contribution Margin Net Operating Income earch Required information $166 to attend the camp for a week. 2. Using the results of the least-squares regression analysis, prepare a contribution margin inc Rainbow expects to have 112 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 1 Required 2 Required 3 Should Rainbow add a ninth week to its schedule? Should Rainbow add a ninth week to its schedule?
