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Handy's Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Total Month Produced Cost January 6,400 10, 240

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Handy's Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Total Month Produced Cost January 6,400 10, 240 February 2.000 4,000 March 3,800 7,220 April 4,550 8,190 5,300 9,010 June 8,200 12,370 July 2,700 5,400 August 7,500 11,625 May Suppose that Handy's expects to sell 5,200 hats during the month of September and that each hat sells for $275. Handy performed a least-squares regression and obtained the following results: Intercept X Variable 1 Coefficients 1.888.75 1.31 Prepare Handy's contribution margin income statement for the month of September. (Round your answers to 2 decimal places.) HANDY'S HATS Contribution Margin Income Statement Month of September Handy performed a least-squares regression and obtained the following re Intercept X Variable 1 Coefficients 1,888.75 1.31 Prepare Handy's contribution margin income statement for the month of Se HANDY'S HATS Contribution Margin Income Statement Month of September 5 Contribution Margin Net Operating Income

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