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Handy's Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Total Month Produced Cost January 4,100 $6,500 February

Handy's Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Total Month Produced Cost January 4,100 $6,500 February 4,500 6,750 March 3,700 6,100 April 5,650 7,450 May 6,250 7,950 June 5,000 7,050 July 4,850 6,900 August 6,500 8,200 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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