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Havana Hats makes the world s best hats. Information for the last eight months follows: Month Number of Hats Produced Total Cost January 3 ,
Havana Hats makes the worlds best hats. Information for the last eight months follows:
Month Number of Hats Produced Total Cost
January $
February
March
April
May
June
July
August
Suppose that Havana expects to sell hats during the month of September and that each hat sells for $
Havana performed a leastsquares regression and obtained the following results:
Coefficients
Intercept
X Variable
Required:
Prepare Havanas contribution margin income statement for the month of September.
Note: Round your answers to decimal places.
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