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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

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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: Number of Month Jerseys Printed January 290 February 185 March 270 April 545 May 700 June 610 July 425 August 355 September 290 October 276 Normber 175 December 165 Operating Cost $5,650 5,800 5,940 0.680 9,700 9,250 6.215 6,140 6,035 5.960 Required: 3. 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 Foxed Cost 4. Using the high-low method results, calculate the store's expected operating cost if it printed 455 jerseys. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Total Cost 5. 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 6. Using the regression output, create a linear equation ya + bx) for estimating Leslie's operating costs (Round your answers to 2 decimal places.) Total Cost (Number of Jersey) 7. Using the least squares regression results, calculate the store's expected operating costirit prints 600 jerseys (Round your Intermediate calculations to 2 decimal places. Round your final answer to 2 decimal places.) Total Cost

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