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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: Number of Jerseys Month January 190 Operating Cost $ 5,850 February 185 5,800 March 270 5,940 April 545 8,680 May 700 9,700 June 610 9,280 July 425 6,215 August 355 6,140 September 290 6,035 October 270 5,960 November December 175 165 4,960 4,885 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 455 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per jersey. Note: 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 Required 3 Required 4 >
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