M5-14 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3) Handy's Hats makes the world's best hats. Information for the last eight months follows: month January February March April May June July August Number of Hati Produced 3,000 5,320 3,500 5.000 4,250 1,250 2,550 3.900 Total cost 36,000 11,429 6.900 10,050 3,950 2.810 5,200 2.500 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