Required information [The foil'owing information appties to the questions displayed beiow} 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 odd-numbered 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 onsite 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 3,459 3 156 10,936 4 1794 11,169 5 188 13,633 5 184- 14,369 .7" 113 12,325 8 155 11,2?9 Required: 1. Using the results of the leastsquares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $175 to attend the camp for a week. 2. Using the results of the leastsquares 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? Complete this question by entering your answers in the labs below. Required 2 Required 3 ' Required 1 Using the results of the least-squares regression analysis, determine Rainbow's oontribution margin per camper if each camper pays $1?5 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%.)} oonmbmionnnarginRau-o _