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PA5-2 (Algo) Estimating Cost Behavior Using Scattergraph and High-Low Methods [LO 5-2, 5-3] Leslie Sporting Goods is a locally owned store that specializes in

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PA5-2 (Algo) Estimating Cost Behavior Using Scattergraph and High-Low Methods [LO 5-2, 5-3] 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: Month January February March April May June Number of Jerseys Operating Cost 200 $ 5,735 205 5,830 575 8,690 680 9,800 625 9,275 410 6,230 July 390 6,140 August 230 5,940 September 180 4,810 October 305 6,005 November 235 5,960 190 4,955 December 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 Using the high-low method results, calculate the store's expected operating cost if it printed 455 jerseys. Note: Do not round your intermediate calculations. Round your answer to the nearest whole number. Total Cost

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