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 fretemity/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: Month January February March April May June July August September October November December Number of Jerseys Printed 215 212 238 515 688 650 455 378 298 235 285 180 Operating Cost $5,875 5.745 5,930 8.630 9,700 9,255 6,225 6,165 6,835 5,980 4,975 4,845 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 420 jerseys 5. Perform a least squares regression analysis on Leslie's data 6. Using the regression output, create a linear equation (y = 8 + bxfor estimating Leslie's operating costs. 7. Using the least squares regression results, calculate the store's expected operating cost if it prints 610 jerseys Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 3 Required 5 Required 3 Required 5 Required 6 Required 4 Required 4 Required 7 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.) 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) Variable Cost per Jersey Foxed Cost Complete this question by entering your answers in the tabs below. 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 610 jerseys. (Round your intermediate calculations and final answer to 2 decimal places.) Required 3 Required Required s Required 6 Required 7 Total Cost Using the high-low method results, calculate the store's expected operating cost if it printed 420 jerseys. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Total Cost
