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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
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 specialevent 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 Jerscys Printed 175 180 525 710 Month Operating Cost March May July $5,795 5,835 8,810 9,730 9,265 6,240 6,145 5,910 4.890 450 355 260 160 32D 260 170 6,985 4,980 Required: 3. Using the high-low method, calculate the store's total fxed 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.) Answer is complete and correct. Variable Cost per Jersey 8.80 Fixed Cost 3,482 4. Using the high-low method results, calculate the store's expected cperating cost if it printed 435 jerseys. (Do not round your intermediate calculations. Round your answer to the nearest whole number.) Answer is complete but not entirely correct. Cost 3,828
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