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Handy's 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
Handy's 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 8,000 4,500 7,000 8,600 3,750 6,000 3,000 5,000 Total Cost $7,000 5,000 6,250 7,750 5,000 6,250 4,250 5,750 Using the high-low method, calculate the total fixed cost per month and the variable cost per hat. (Round your "Variable Cost per Unit" answer to 3 decimal places.) Variable cost per unit Fixed cost
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