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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 3,600 $ 6,100
February 5,4008,715
March 2,9505,350
April 4,9508,300
May 1,7504,700
June 2,6005,400
July 3,3505,800
August 4,4508,020
Suppose that Havana expects to sell 5,600 hats during the month of September and that each hat sells for $2.75.
Havana performed a least-squares regression and obtained the following results:
Coefficients
Intercept 2,113.19
X Variable 11.22
Required:
Prepare Havanas contribution margin income statement for the month of September.
Note: Round your answers to 2 decimal places.

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