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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 Leslie's operating information for the company's last year follows: Number of Operating Month Jerseys Printed Cost January 200 $5,695 February 210 5,840 March 570 8,660 April 675 9,735 May 635 9,230 June 445 6,260 365 6,150 August 240 5,945 September 165 4,890 October 295 6,000 November 245 5,975 December 190 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 620 jerseys. Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required Required 6 Required 7 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 Cont per Jersey Fixed Cost Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required Required 6 Required Using the high-low method results, calculate the store's expected operating cost fit printed 475 Jerseys. (Do not round your Intermediate calculations. Round your answer to the nearest whole number.) To Cool Complete this question by entering your answers in the tabs below. Required 3 Required 4 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.) Coefficients Intercept X Variable 1 Complete this question by entering your answers in the tabs below. Required 7 Required 3 Required 4 Required 5 kequired 6 Using the regression output, create a linear equation (y = 3 + 8x) for estimating Leslie's operating costs. (Round your answers to 2 decimal places.) Total Cost (Number of Jerseys) Complete this question by entering your answers in the tabs below. Required 3 Required 4 Required Required 6 Tequired ? Using the least-squares regression results, calculate the store's expected operating cost if it prints 620 jerseys (Round your Intermediate calculations and final answer to 2 decimal places.) Total Cast