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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:

Number of Operating
Month Jerseys Printed Cost
January 200 $5,785
February 220 5,865
March 535 8,635
April 675 9,725
May 630 9,275
June 430 6,245
July 340 6,170
August 250 5,940
September 175 4,880
October 320 6,050
November 260 5,980
December 195 4,930

Required: 3. Using the high-low method, calculate the stores total fixed operating costs and variable operating cost per jersey.

Fixed cost -

Variable cost per jersey - 4. Using the high-low method results, calculate the stores expected operating cost if it printed 475 jerseys.

Total Cost - 5. Perform a least-squares regression analysis on Leslies data.

Intercept -

X Variable 1 - 6. Using the regression output, create a linear equation (y = a + bx) for estimating Leslies operating costs.

Total cost = ________+ _____ Total number of jerseys 7. Using the least-squares regression results, calculate the stores expected operating cost if it prints 635 jerseys.

Total cost -

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