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 Cost $5,500 5,740 Month January February March April May June July August September October November December Number of Jerseys Printed 215 210 380 625 750 630 400 350 300 330 200 150 5,800 8,675 9,000 9,760 6,200 6,155 5,980 6,010 4,950 4,500 Required: 3. Using the high-low method, calculate the store's 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 Jersey Fixed Cost 4. Using the high-low method results, calculate the store's expected operating cost if it printed 480 jerseys. (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 625 jerseys. (Round your intermediate calculations and final answer to 2 decimal places.) Total Cost eBook & Resources Use least-squares regression to estimate cost behavior. eBook: Prepare a scattergraph to estimate the relationship between total cost and activity. eBook: Use the high-low method to estimate cost behavior