0 Required information Camp Rainbow offers overnight summer camp programs for children ages 10-14 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 even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident 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 counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer: Number of Cost to Run Campers Camp $11,550 12,860 10,600 8,310 12,880 10,880 12,510 10,000 Week 1 2 3 4 5 6 170 156 134 90 166 140 7 168 118 Intercept X Variable 1 Coefficients 2.227.10 62.30 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 $173 to attend the camp for a week. 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 122 campers that week. 3. Should Rainbow add a ninth week to its schedule? Intercept X Variable 1 Coefficients 2,227.10 62.30 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 $173 to attend the camp for a week. 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9. Rainbow expects to have 122 campers that week. 3. Should Rainbow add a ninth week to its schedule? t Complete this question by entering your answers in the tabs below. inces 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 $173 to attend the camp for a week. (Round your unit contribution margin and contribution margin percentage ratio to two decimal places (.e. 0.1234 should be entered as 12.34%.)) Unit Contribution Margin Contribution Margin Ratio per camper % DIT W CWU LIU Weer. 9 assumine 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for wee Rainbow expects to have 122 campers that week. 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 122 campers that week. (Round your intermediate calculations and final answers to 2 decimal places.) CAMP RAINBOW Contribution Margin Income Statement For Possible 9th Week Contribution Margin Net Operating Income 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. es Required 1 Required 2 Required 3 Should Rainbow add a ninth week to its schedule? Should Rainbow add a ninth week to its schedule? Required: 4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost perch 5. Using the high-low method results, calculate the camp's expected operating cost if 168 children attend a session. Complete this question by entering your answers in the tabs below. Required 4 Required 5 Using the high-low method results, calculate the camp's expected operating cost if 168 children attend a session. (Round yo intermediate calculations and final answer to 2 decimal places.) Expected Cost