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Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced Total Cost 4,750 $
Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced Total Cost 4,750 $ 5,900 February 3,150 4,850 March 2,600 4,200 April 4,800 6,125 May 6,400 7,655 June 7,350 8,575 July 5,600 7,000 August 8,550 9,555 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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