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Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced Total Cost 6,750 $
Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced Total Cost 6,750 $ 7,500 February 2,800 3,900 March 3,250 4,200 April 4,250 5,050 May 7,800 8,150 June 3,700 4,450 July 6,150 6,900 6,800 7,520 August Suppose that Havana expects to sell 4,700 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 1,255.09 0.91 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
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