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Furlan Printing Corp., a book printer, has provided the following data: Titles Printed 40 May June July 24 Press Setup Cost $ 6,658 6,438 5.307

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Furlan Printing Corp., a book printer, has provided the following data: Titles Printed 40 May June July 24 Press Setup Cost $ 6,658 6,438 5.307 5 5,564 $ 6,030 $ 5,505 6 ,705 $ 6.275 28 33 August September October November December 36 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 copies 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

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