Question: Refer to the Tan O Rama regression output given in M5 9 Suppose

Refer to the Tan-O-Rama regression output given in M5-9. Suppose that the company charges $6 per tanning session. Calculate the unit contribution margin and contribution margin ratio as well as the total contribution margin if the shop books 400 tanning sessions this month.
Coefficients
Intercept ..... 5,046.12
x Variable 1 .... 2.19

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  • CreatedFebruary 27, 2015
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