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

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.$)$