Required information [The fofl'owfng information appties to the questions displayed below] Camp Rainbow offers overnight summer camp programs for children ages 1014 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the oddnumbered weeks and girls attend during the evennumbered weeks. While at the camp, participants make crafts, participate in various sports. help care for the camp's resident animals, have cookouts and havrides, 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 counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. The results ofthe least-squares regression of the number of campers and the cost to run camp are given below. Following is the cost information for Camp Rainbow's operations last summer: Number of Cost to Run week Campers Camp 1 so $3,959 2 118 8,459 3 155 19,999 4 lTM 11,199 5 188 13,?9 E 184- 14,399 3" 17\"? 12,325 8 156 11,2?9 ' Coefficients Intercept 1876.55 X Variable 1 68.?3 ' Suppose that Rainbow is contemplating staying open one additional week during the summer. Required: 1. Using the results ofthe least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $175 to attend the camp for a week. 7. Using the results ofthe least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 170 campers that week. 3. Should Rainbow add a ninth week to its schedule? Required 1 Required 2 Required 3 Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $175 to attend the camp for a week. (Round your unit contribution margin and contribution margin ratio to two decimal places (i.e., .1234 = 12.34%.)) Unit Contribution Margin Per camper Contribution Margin Ratio %