Leste 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 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: Number of Operating Month Jerseys Printed Cost January 150 54,880 February 195 5,865 March 175 5,765 April 525 8,595 May 655 9,230 June 720 9,725 July 420 6,225 August 295 6,010 September 355 6,125 October 255 5,975 November 250 5,935 December 165 4.925 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 Leslie's expected operating cost if it printed 475 jerseys 5. Perform a least squares regression analysis on Leslie's data. 6. Using the regression output, create a linear equation (y = a + b) for estimating Leslie's operating costs. 7. Using the least-squares regression results, calculate the Leslie's expected operating cost if it prints 650 jerseys Complete this question by entering your answers in the tabs below. Repuired 3 Required 4 Required Required 6 Required 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 Required 4 > 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 Leslie's expected operating cost if it printed 475 jerseys. 5. Perform a least squares regression analysis on Leslie's data, 6. Using the regression output. create a linear equation (y = a + bx for estimating Leslie's operating costs. 7. Using the least squares regression results, calculate the Leslie's expected operating cost if it prints 650 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required Required 5 Required 6 Required 7 Using the high-low method results, calculate the store's expected operating cost if it printed 475 Jerseys. (Do not round your Intermediate calculations. Round your answer to the nearest whole number.) Toscow Required 3 Required 5 > 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 Leslie's expected operating cost if it printed 475 jerseys. 5. Perform a least squares regression analysis on Leslie's data, 6. Using the regression output, create a linear equation (y = a + bx) for estimating Leslie's operating costs. 7. Using the least squares regression results, calculate the Leslie's expected operating cost if it prints 650 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required Required s Required 6 Required 7 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.) Coufficient Intercept X Variable 1 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 Leslie's expected operating cost if it printed 475 jerseys 5. Perform a least-squares regression analysis on Leslie's data. 6. Using the regression output, create a linear equation (y a + bx) for estimating Leslie's operating costs, 7. Using the least-squares regression results, calculate the Leslie's expected operating cost if it prints 650 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required Required s Required 6 Required 7 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)
