Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 Leslie Sporting Goods is a locally owned store that specializes in printing team jerseys. The majonty of its business comes from orders for various

4 Leslie Sporting Goods is a locally owned store that specializes in printing team jerseys. The majonty of its business comes from orders for various local teams and organizations. While Leslie's prints everything from bowling team jerseys to fraternity/sorority apparel to special event shirts, summer league baseball and softball team jerseys are the company's biggest source of revenue A portion of Leshe's operating information for the company's last year follows Month January February Jerseys Printet Operating Cost 358 195 March 175 April 525 3,505 May 455 5,230 Jum 728 3,725 July 420 6,225 Aupat 295 sme September 355 5,125 October 255 5,975 November December 5,935 4,925 Required: 3. Using the high-low method calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perforen a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (ya baj for estimating Leslie's operating costs 7. Using the least squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. 4 Argaret 3 Regret 4 Required S Required 7 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data. 6. Using the regression output, create a linear equation (ya+b) for estimating Leslie's operating costs. 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey. (Do not round your intermediate calculations. Round your "Variable Cost" answer to 2 decimal places and "Fixed Cost" answer to the nearest whole number.) Variable Cost per Jersey Fixed Cost Required 4 > August 295 5,010 September 355 6,125 October 255 5,975 November 250 5,935 December 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (y a bad for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys. (Do not round your intermediate calculations. Round your answer to the nearest whole number) Total Cast October 255 3,95 November 250 December 165 5,935 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (ya bad for estimating Leslie's operating costs. 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Perform a least-squares regression analysis on Leslie's data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression, Round your answers to 2 decimal places.) Coefficients Intercept X Variable 1 September 355 6,125 October 255 5,975 November 250 December 165 5,935 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (ya bd for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required S Required Required 7 Using the regression output, create a linear equation i answers to 2 decimal places.) Required 6 for estimating Lesle's operating costs. (Round your Total Cost Number of Jerseys) September 355 6,125 October 255 5,975 November 250 5,935 December 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys. 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (ya+b) for estimating Lesbe's operating costs. 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required S Required 6 Required 7 Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys. (Round your intermediate calculations and final answer to 2 decimal places.) Total Cost Leste Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority of its business comes from orders for various local teams and organizations While Leslie's prints everything from bowling team jerseys to fraternity/sorority apparel to special event shirts, summer league baseball and softball team jerseys are the company's biggest source of revenue A portion of Leslie's operating information for the company's last year follows: Ponth January Jerseys Printed Operating Cast 150 February 195 March 175 April 525 May Pay 655 June 720 July 430 Septe 355 6,125 October 255 5,975 November 250 5,935 December 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (ya bid for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. December 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data. 6. Using the regression output, create a linear equation (y-a bx) for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey. (Do not round your intermediate calculations. Round your "Variable Cost" answer to 2 decimal places and "Fixed Cost" answer to the nearest whole number) Variable Cost per Jersey Fixed Cost Required 4 > December 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys. 5. Perform a least-squares regression analysis on Leslie's data. 6. Using the regression output, create a linear equation (y a bx) for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Total Cost < Required 3 Required 5> December 39 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data. 6. Using the regression output, create a linear equation (ya bad for estimating Leslie's operating costs 7. Using the least squares regression results, calculate the store's expected operating cost if it prints 650 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Perform a least-squares regression analysis on Qeslie's data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 2 decimal places.) Coefficients Intercept X Variable 1 November 250 December 165 5,935 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (ya+ bx) for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Required 31 Required 4 Required 5 Required 6 Required 7 Using the regression output, create a linear equation (y a+ bx) for estimating Leslie's operating costs. (Round your answers to 2 decimal places.) Total Cost (Number of Jerseys) August 295 6,010 September 355 6,125 October 255 5,975 November 250 5,935 December 165 4,925 Required: 3. Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey 4. Using the high-low method results, calculate the store's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (y a bad for estimating Leslie's operating costs 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7 Using the least-squares regression results, calculate the store's expected operating cost if it prints 650 jerseys. (Round your intermediate calculations and final answer to 2 decimal places.) Total Cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

2. Outline the functions of nonverbal communication

Answered: 1 week ago