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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 1,800 $
Havana Hats makes the world's best hats. Information for the last eight months follows: Number of Hats Month January Produced Total Cost 1,800 $ 9,000 February 4,890 15,648 March 2,300 10,350 April 3,250 11,375 May 4,300 13,845 June 2,800 11,200 July 5,600 16,410 4,500 14,400 August 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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