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Furlan Printing Corp., a book printer, has provided the following data: Titles Printed 40 Press Setup Cost 6,658 6,438 5,307 5,564 6,030 May June July

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Furlan Printing Corp., a book printer, has provided the following data: Titles Printed 40 Press Setup Cost 6,658 6,438 5,307 5,564 6,030 May June July August September October November December 24 6.705 Management believes that the press setup cost is a mixed cost that depends on the number of titles printed. (A specific book that is to be printed is called a "title". Typically, thousands of coples will be printed of each title. Specific steps must be taken to set up the presses for printing each title - for example, changing the printing plates. The costs of these steps are the press setup costs.) Required: Estimate the variable cost per title printed using the high-low method. Round your answer to two decimal places. Variable cost per title printed S 8444

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