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Lesie Sporting Goods is a locally owned store that specializes in printing tearn jerseys. The majonity of its business comes from orders for various Iccal
Lesie Sporting Goods is a locally owned store that specializes in printing tearn jerseys. The majonity of its business comes from orders for various Iccal teams and organzations. Whie Leslie's prints basoball and sofball teamjersoys aro the company's biggest source of revonue. everything from bowing beam jerseys to fraternity'scrority apparel to special event shirts, summer league A portion of Leslie's operaing information for the company's last year folows: Number of Month Printed Cost January 5 $4,870 Fabruary 205 5,830 March Apri May June 435 6.030 195 5.735 510 8.665 615 9250 685 9730 August 325 6.030 September 380 6175 October 25970 November 250 5925 December 190 4945 Required: 3. Using the high-low method, calculate the store's total ixed operating costs and varable operaing cost per jersay (Do not round your intermediate calculations. Round your "Variable Cost" answer to 2 decimal places and "Fixed Cost" answer to the nearast whole number) Variable Cost 4. Uang te high-low method results, oalculate the store s expected operat ng coat fit prnted 420 erseys. (Do not round your intermediato calculations. Round your answer to the nearest whole number.) . 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.) on Leslies oft Exoel or answers to 6. Using the regression output, create a linear oquatonx) or estimating Leslie's operating costs. (Round your answers to 2 decimal placos.) 7. Using the least-squares regression results, caloulate the store's expected operating cost if it prints 650 jerseys. (Round your intermediate calculations to 2 decimal places. Round your final answer to 2 decimal places.)
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