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Havana Hats makes the world's best hats. Information for the last eight months follows: Requlred: Using the high-low method, calculate the variable cost per hat
Havana Hats makes the world's best hats. Information for the last eight months follows: Requlred: Using the high-low method, calculate the variable cost per hat and total fixed cost per month. Note: Round your "Vorlable cost per unlt" answer to 2 declmal pleces. Heather Hudson makes stuffed teddy bears. Recent information for her business follows: She sells 370 bears this month. Required: Suppose sales increase by 30 percent next month. Calculate the effect that increase will have on her profit. Note: Round your Intermedlate calculations to 2 decimal places. Round your flnal answer to 1 declmal place. (l.e. 0.123 should be entered os 12.3\%)
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