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53 Havana Hats makes the world's best hats. Information for the last eight months follows: Month January February March April May June July August Number
53 Havana Hats makes the world's best hats. Information for the last eight months follows: Month January February March April May June July August Number of Hats Produced 3,400 6,550 7,900 2,600 6,690 6,900 3,100 3,550 Total Cost $5,000 9,000 10,095 4,000 9,050 9,400 4,800 5,350 Required: Using the high-low method, calculate the variable cost per hat and total fixed cost per month. Note: Round your "Variable cost per unit" answer to 2 decimal places. Variable cost per unit Fixed cost
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