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: 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 455 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 600 jerseys. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. 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.) 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 455 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 600 jerseys. Complete this question by entering your answers in the tabs below. Using the high-low method results, calculate the store's expected operating cost if it printed 455 jerseys. (Do not round you intermediate calculations. Round your answer to the nearest whole number.) 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 455 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 600 jerseys. Complete this question by entering your answers in the tabs below. 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.) 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 455 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 600 jerseys. Complete this question by entering your answers in the tabs below. Using the regression output, create a linear equation (y=a+bx) for estimating Leslie's operating costs. (Round your answers to 2 decimal places.) 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 455 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 600 jerseys. Complete this question by entering your answers in the tabs below. Using the least-squares regression results, calculate the store's expected operating cost if it prints 600 jerseys. (Round your intermediate calculations and final answer to 2 decimal places.)
