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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 Leslies 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:

Month Number of Jerseys Printed Operating Cost
January 200 $ 5,695
February 210 5,840
March 570 8,660
April 675 9,735
May 635 9,230
June 445 6,260
July 365 6,150
August 240 5,945
September 165 4,890
October 295 6,000
November 245 5,975
December 190 4,955

Required :

Using the high-low method, calculate the stores total fixed operating costs and variable operating cost per jersey. (Round your "Variable Cost" answer to 2 decimal places and "Fixed Cost" answer to the nearest whole number.)

Variable Cost per unit= $9.50

Fixed Cost= $ 3323

Using the high-low method results, calculate the stores expected operating cost if it printed 475 jerseys. (Round your answer to the nearest whole number.)

Total Cost= ?

Perform a least-squares regression analysis on Leslies data. (Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression. Round your answers to 2 decimal places.)

Coefficents

Intercept= ?

X Variable 1= ?

Using the regression output, create a linear equation (y = a + bx) for estimating Leslies operating costs. (Round your answers to 2 decimal places.)

Total Cost= ? + ? (Number of jerseys)

Using the least-squares regression results, calculate the stores expected operating cost if it prints 620 jerseys. (Round your intermediate calculations and final answer to 2 decimal places.)

Total Cost = ?

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