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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 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 Number of Jerseys Operating Printed Cost 185 $4,845 February 220 5,865 March 200 5,755 April 575 8.655 May 630 9,270 June 685 9,780 July 430 6,225 August 320 6,010 September 375 6,135 October 280 5,970 November 270 December 195 5,920 4,960 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 Fixed Cost 4. Using the high-low method results, calculate the store's expected operating cost if it printed 480 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 Jerseys) 7. Using the least-squares regression results, calculate the store's expected operating cost if it prints 645 jerseys. (Round your Intermediate calculations to 2 decimal places. Round your final answer to 2 decimal places.) Total Cost

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