Havana Hats makes the world's best hats. Information for the last eight months follows: Number of...

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Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced 7,800 February 7,250 March 6,150 April 5,250 May 4,500 June 2,100 July 2,500 4,550 Total Cost $ 12,325 11,900 11,050 8,200 7,500 5,200 5,400 7,650 August Suppose that Havana expects to sell 4,400 hats during the month of September and that each hat sells for $2.75. Havana performed a least-squares regression and obtained the following results: Intercept X Variable 1 Required: Coefficients 1,934.61 1.34 Prepare Havana's contribution margin income statement for the month of September. Note: Round your answers to 2 decimal places. Havana Hats Contribution Margin Income Statement Month of September Contribution margin Net operating income Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced 7,800 February 7,250 March 6,150 April 5,250 May 4,500 June 2,100 July 2,500 4,550 Total Cost $ 12,325 11,900 11,050 8,200 7,500 5,200 5,400 7,650 August Suppose that Havana expects to sell 4,400 hats during the month of September and that each hat sells for $2.75. Havana performed a least-squares regression and obtained the following results: Intercept X Variable 1 Required: Coefficients 1,934.61 1.34 Prepare Havana's contribution margin income statement for the month of September. Note: Round your answers to 2 decimal places. Havana Hats Contribution Margin Income Statement Month of September Contribution margin Net operating income

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To prepare Havanas contribution margin income statement for the month of September we need to calcul... View the full answer