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M5-14 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Havana Hats makes the world's best hats. Information for the last eight months follows: Required:

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M5-14 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Havana Hats makes the world's best hats. Information for the last eight months follows: 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

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