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

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Accounting

Havana Hats makes the world's best hats. Information for the last eight months follows: Month January February March April May June July August Number of Hats Produced 4,100 4,500 3,700 5,650 6,250 5,000 Intercept X Variable 1 4,850 6,500 Total Cost $ 6,500 6,750 6,100 Suppose that Havana expects to sell 5,400 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: Coefficients 3,492.13 0.71 7,450 7,950 7,050 6,900 8,200 Required: 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
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Havana Hats makes the world's best hats. Information for the last eight months follows: Suppose that Havana expects to sell 5,400 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: Required: Prepare Havana's contribution margin income statement for the month of September. Note: Round your answers to 2 decimal places

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