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Required information (The following information applies to the questions displayed below.] Camp Rainbow offers overnight summ

Intercept X Variable 1 Coefficients 1876.55 60.73 Suppose that Rainbow is contemplating staying open one additional week duri

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Answer #1

1.
Contribution Margin per unit = Sales Price - Variable Cost per unit
= $175 - 60.73 = $114.27 per unit

2.

Revenue $    29,750.00
Variable Costs $    10,324.10
Contribution Margin $    19,425.90
Fixed Costs $       1,876.55
Net Operating Income $    17,549.35

3.
Yes

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