Question: Ch Week 1 2 3 4 5 6 7 8 Number of Cost to Run Campers Camp 122 $9,210 176 14,430 106 8,910 100 8,900

Ch Week 1 2 3 4 5 6 7 8 Number of Cost to Run Campers Camp 122 $9,210 176 14,430 106 8,910 100 8,900 96 8,770 128 9,710 124 9,920 196 13,370 E5-16 (Algo) Preparing Contribution Margin Income Statement [LO 5-5) Intercept Number of Campers Coefficienta 3,442.88 52.62 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 $163 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 96 campers that week. 3. Should Rainbow add a ninth week to its schedule? lokh belas

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