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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/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: Operating Month January Number of Jerseys Printed Cost 170 $5,790 February 190 5,825 March 545 8,660 April 725 9,760 May 645 9,260 June 425 6,210 July 335 6,145 August 200 5,925 September 125 4,810 October 315 6,010 November 200 5,970 December 150 4,950 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 480 jerseys
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