PA5-2 (Algo) Estimating Cost Behavior Using Scattergraph, High-Low, and Least-Squares Regression Methods [LO 5-2,5-3,5-4) 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 Leslle's operating information for the company's last year follows: Number of Operating Jerseys Printed Cost January $5,785 February Month March April May June July August September October November December 200 220 535 675 630 430 340 250 175 320 5,865 8,635 9,725 9,275 6,245 5,170 5,940 4,880 6,050 5,980 4,930 260 195 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 635 jerseys 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) Using the least-squares regression results, calculate the store's expected operating cost if it prints 635 jerseys. (Round your Intermediate calculations and final answer to 2 decimal places.) Total Cost