Furlan Printing Corporation, a book printer, has provided the following data:

	Titles Printed		Press Setup Cost
May	30		$	3,175
June	31		$	3,208
July	43		$	3,693
August	25		$	3,001
September	41		$	3,612
October	39		$	3,556
November	40		$	3,558
December	36		$	3,150

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 setup 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 and the fixed cost per month using the least-squares regression method. (Round the "Variable cost" to 2 decimal places and the "Fixed cost" to the nearest dollar amount.)

Furlan Printing Corporation, a book printer, has provided the following data: May June July August September October November December Press Titles Setup Printed Cost 30 $3,175 31 $3,208 43 $3,693 25 $3,001 41 $3,612 39 $3,556 40 $3,558 36 $3,150 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 setup 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 and the fixed cost per month using the least squares regression method (Round the "Variable cost" to 2 decimal places and the "Fixed cost" to the nearest dollar amount.) Variable cost Fixed cost per lite printed per month