Document es Mailings Review View 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: 8830 WeekNumber of CampersCost to Run Camp $8,630 140 11,740 108 9,400 118 9,010 100 8.610 8.680 120 90 124 9.590 Required: 4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child. 5. Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child. (Round your intermediate calculations and "Variable Cost per unit to 2 decimal places.) Fored Cost Variable Cost per Child Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session. (Round your intermediate calculations and final answer to 2 decimal places Expected Cost aure w w nep Document4 Mailings Review View 1. Perform a least-squares regression analysis on Camp Rainbow's data. 2. Using the regression output, create a cost equation (y = a + bx) for estimating Camp Rainbow's operating costs. 3. Using the least squares regression results, calculate the camp's expected operating cost if 90 children attend a session. Perform a least-squares regression analysis on Camp Rainbow's data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 2 decimal places.) Coefficients Intercept X Variable 1 Using the regression output, create a cost equation (y = a + bx for estimating Camp Rainbow's operating costs. (Round your answers to 2 decimal places.) Total Cost =+ Number of Campers Using the least squares regression results, calculate the camp's expected operating cost If 90 children attend a session. (Round your intermediate calculations and final answer to 2 decimal places.) Total Cost 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $173 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 122 campers that week. 3. Should Rainbow add a ninth week to its schedule Using the results of the least squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $173 to attend the camp for a week. (Round your unit contribution margin and contribution margin percentage ratio to two decimal places (le. 0.1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio per camper % Using the results of the least-squares regression analysis, prepare a contribution margin Income statement for week 9 assuming Rainbow expects to have 122 campers that week. (Round your intermediate calculations and final answers to 2 decimal places.) CAMP RAINBOW Contribution Margin Income Statement For Possible 9th Week Contribution Margin Net Operating Income Should Rainbow add a ninth week to its schedule? Should Rainbow add a ninth week to its schedule