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Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January February March Produced Total Cost
Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January February March Produced Total Cost 4,100 $ 6,500 4,500 6,750 3,700 6,100 April 5,650 7,450 May 6,250 7,950 June 5,000 7,050 July 4,850 6,900 6,500 8,200 August Suppose that Havana expects to sell 5,400 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: Intercept X Variable 1 Required: Coefficients 3,492.13 0.71 Prepare Havana's contribution margin income statement for the month of September. Note: Round your answers to 2 decimal places. Havana Hats Contribution Margin Income Statement Month of September Contribution margin Havana Hats Contribution Margin Income Statement Month of September Contribution margin Net operating income
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