(Appendix 2A)Escalona Printing Corp

question 19

Essay

(Appendix 2A)Escalona Printing Corp. , 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.

---

Definitions:

Well-Being

The state of being comfortable, healthy, or happy.

Children

Young human beings below the age of puberty or below the legal age of majority.

Failure

The inability to achieve a desired result or perform up to standard, often viewed as an opportunity for learning and growth.

Empty Nest

A transitional time of parenting when the youngest child leaves home.