Handy's Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month Produced January 1,800 February 4,890 March 2,300 April 3,250 May 4,300 June 2,800 July 5,600 August 4,500 Total Cost 9,000 15,648 10,350 11,375 13,845 11,200 16,410 14,400 Suppose that Handy's expects to sell 10,400 hats during the month of September and that each hat sells for $2.75. Handy performed a least-squares regression and obtained the following results: Coefficients Intercept 5,514.22 X Variable 1 1.97 Prepare Handy's contribution margin income statement for the month of September. (Round your answers to 2 decima HANDY'S HATS Contribution Margin Income Statement Month of September Contribution Margin Net Operating Income Handy's Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Total Month Produced Cost January 3,400 5,000 February 6,550 9,000 March 7,900 10,095 April 2,600 4,000 May 6,690 9,050 June 6,900 9,400 July 3,100 4,800 August 3,550 5,350 Suppose that Handy's expects to sell 5,900 hats during the month of September and that each hat sells for $2.75. Handy performed a least-squares regression and obtained the following results: Coefficients Intercept 1,063.02 X Variable 1 1.18 Prepare Handy's contribution margin income statement for the month of September. (Round your answers to 2 decima HANDY'S HATS Contribution Margin Income Statement Month of September Contribution Margin Net Operating Income