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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

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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 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 February March April May June July August September October November December Number of Jerseys Operating Printed Cost 288 $5,735 295 5,830 575 8.690 680 9,888 625 9,275 410 6,230 390 6,140 230 5,940 180 4,810 305 6.005 235 5,960 190 4,955 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 455 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 (y = a + 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 600 jerseys. (Round your Intermediate calculations to 2 decimal places. Round your final answer to 2 decimal places.) Total Cost

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