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In: AccountingLeslie Sporting Goods is a locally owned store that specializesin printing team jerseys. The majority...Leslie Sporting Goods is a locally owned store that specializesin printing team jerseys. The majority of its business comes fromorders for various local teams and organizations. While Leslie’sprints everything from bowling team jerseys to fraternity/sororityapparel to special event shirts, summer league baseball andsoftball team jerseys are the company’s biggest source ofrevenue.A portion of Leslie’s operating information for the company’s lastyear follows:Number ofOperatingMonthJerseys PrintedCostJanuary200$5,785February2205,865March5358,635April6759,725May6309,275June4306,245July3406,170August2505,940September1754,880October3206,050November2605,980December1954,930Required:3. Using the high-low method, calculate the store’s totalfixed operating costs and variable operating cost per jersey.Fixed cost -Variable cost per jersey -4. Using the high-low method results, calculatethe store’s expected operating cost if it printed 475 jerseys.Total Cost -5. Perform a least-squares regression analysis onLeslie’s data.Intercept -X Variable 1 -6. Using the regression output, create a linearequation (y = a + bx) for estimatingLeslie’s operating costs.Total cost = ________+ _____ Total number of jerseys7. Using the least-squares regression results,calculate the store’s expected operating cost if it prints 635jerseys.Total cost -