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Check my work Leslie Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority of its business comes from orders
Check my work Leslie 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: January February March April May June July August September October November December Number of Jerseys Printed 185 190 575 710 650 450 390 265 Operating Cost $5,680 5,875 8,575 9,755 9,255 6,220 6,135 5,915 4,860 6,015 5,975 4,930 160 290 270 175 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 425 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 640 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required 5 Required 6 Required 7
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