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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 prints everything from bowling team jerseys to fraternity/sorority apparel to special event shirts, summer league baseball and softball team jerseys are the companys biggest source of revenue.

A portion of Leslies operating information for the companys last year follows:

Number of Operating
Month Jerseys Printed Cost
January 215 $5,830
February 210 5,785
March 235 5,945
April 550 8,640
May 685 9,755
June 615 9,290
July 450 6,245
August 365 6,175
September 325 6,045
October 245 5,965
November 190 4,990
December 185 4,890

3. Using the high-low method, calculate the stores total fixed operating costs and variable operating cost per jersey. 4. Using the high-low method results, calculate the Leslies expected operating cost if it printed 440 jerseys. 5. Perform a least-squares regression analysis on Leslies data. 6. Using the regression output, create a linear equation (y = a + bx) for estimating Leslies operating costs. 7. Using the least-squares regression results, calculate the Leslies expected operating cost if it prints 650 jerseys.

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