The costs of a book printer for the last several months are as follows: May June July August September October November December Press Titles Setup Printed Cost 33 34 46 28 44 42 43 39 $3,145 $3,178 $3,663 $ 2,971 $ 3,582 $ 3,526 $ 3,528 $ 3,750 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.) Variable cost Fixed cost 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.) per title printed per month

The costs of a book printer for the last several months are as follows: Management believes that the press setup cost is a mixed cost that depends on the number of titles printed, (A specific book that is t 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 tite-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 omount.)