Leslie Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority...

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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 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: Month January February Number of Jerseys Printed Operating Cost 210 $5,745 220 5,850 March 540 8,645 April 690 9,750 May 625 9,250 June 460 6,210 July 385 6,125 August 245 5,930 September 195 4,800 October 290 6,015 November 255 5,960 December 200 4,955 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 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 store's expected operating cost if it prints 605 jerseys. 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: Month January February Number of Jerseys Printed Operating Cost 210 $5,745 220 5,850 March 540 8,645 April 690 9,750 May 625 9,250 June 460 6,210 July 385 6,125 August 245 5,930 September 195 4,800 October 290 6,015 November 255 5,960 December 200 4,955 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 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 store's expected operating cost if it prints 605 jerseys.