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please help Camp Rainbow offers ovenight summer camp programs for children ages 10-14 every summer during June and July Each camp session is one week
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Camp Rainbow offers ovenight summer camp programs for children ages 10-14 every summer during June and July Each camp session is one week and can accomm coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp. participants make crafts, participate in variou animals, have cookouts and hayrides, and help assemble toys for local underprivileged children The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselo managers are on-site regardless of the number of campers enrolled The results of the least-squares regression of the number of campers and the cost to run camp are gh Intercept Number of Campers Coefficients 1,779.88 66 39 Suppose that Rainbow is contemplating staying open one additional week during the summer Required: 1. Using the results of the least-squares regression analysis determine Rainbow's contribution margin per camper if each camper pays $166 to attend the camp for a week (R margin and contribution margin percentage ratio to two decimal places (ie..1234 should be entered as 12.34% ) Unit Contribution Margin Contribution Margin Ratio Suppose that Rainbow is contemplating staying open one additional week during the summer Required: 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $166 to margin and contribution margin percentage ratio to two decimal places (i.e. .1234 should be entered as 12.34 %.)) Unit Contribution Margin Contribution Margin Ratio 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expec calculations and final answer to 2 decimal places.) CAMP RAINBOW Contribution Margin Income Statement For Possible 9th Week Contribution Margin Net Operating Income Step by Step Solution
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