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Furlan Printing Corp., a book printer, has provided the following data: 3.39) June July August...

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Accounting

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Furlan Printing Corp., a book printer, has provided the following data: 3.39) June July August September October November December 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) Variable cost per i pied

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