2 [The following information applies to the questions displayed below.]Camp Rainbow offers overnight summer camp programs for children ages 10-14 every summer during June and July. Eachcamp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during theodd-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 assembletoys 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 canaccommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-siteregardless of the number of campers enrolled. The results of the least-squares regression of the number of campers andthe cost to run camp are given below.Following is the cost information for Camp Rainbow's operations last summer:Week1234567Number of Cost to RunCampCampers90118156174188.184170156$8,0508,46010,90011,10013,670InterceptX Variable 114,30012,32511,270E5-16 (Static) Preparing Contribution Margin Income Statement [LO 5-5]Coefficients1876.5560.73 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$175 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 assumingRainbow expects to have 170 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 3Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if eachcamper pays $175 to attend the camp for a week. (Round your unit contribution margin and contribution margin ratio to twodecimal places (l.e., .1234 12.34%.))Unit Contribution MarginContribution Margin RatioPer camper%

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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, determine Rainbow's contribution margin per camper if each camper pays $175 to attend the camp for a week. (Round your unit contribution margin and contribution margin ratio to two decimal places (l.e., .1234 12.34%.)) Unit Contribution Margin Contribution Margin Ratio Per camper %