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Need help finding total fixed cost and net operating income Handy's Hats makes the world's best hats. Information for the last eight months follows: Month
Need help finding total fixed cost and net operating income Handy's Hats makes the world's best hats. Information for the last eight months follows: Month January February March April May June July August Number of Hats Produced 4,100 4,500 3,700 5,650 6,250 5,000 4,850 6,500 Total Cost 6,500 6.750 6,100 7,450 7,950 7,050 6,900 3,200 Suppose thot Handy's expects to sell 5,400 hats during the month of September and that each hot sells for $275 Handy performed a least-squares regression and obtained tho following results: Intercept X Variable 1 Coefficienta 3.492.13 0.71 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 Sales Revenue $ 14,850.00 Total Variable Costs 3,834.00 Contribution Margin $ 11,016.00 Total Fixed Costs Net Operating Income
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