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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
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 or 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 February Number of Jerseys Operating Cost 175 $ 5,795 180 5,835 March April 525 8,610 710 9,730 May June 610 9,265 450 6,240 July 355 6,145 August 260 5,910 September 160 4,890 October 320 6,010 November 260 170 5,985 4,980 December 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 435 jerseys.
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