Using the high-low method calculate the stores total fixed

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Reference no: EM13579952

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 Larry'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 Larry's operating information for the company's last year follows:

Using the high-low method results, calculate the store's expected operating cost if it printed 440 jerseys.

Month	Number of Jerseys Printed	Operating Cost
January	215	5,835
February	195	5,685
March	230	5,930
April	550	8,575
May	675	9,770
June	655	9,260
July	455	6,230
August	375	6,175
September	310	6,005
October	230	5,960
November	185	4,960
December	175	4,800

Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per uniform. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)


Variable cost per unit	$
Fixed cost

Reference no: EM13579952

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