Question
Sandy's Socks makes the world's best socks Information for the last eight months follows Number of Socks Month Produced Total Cost January 6.750 $11,300
Sandy's Socks makes the world's best socks Information for the last eight months follows Number of Socks Month Produced Total Cost January 6.750 $11,300 February 5.540 10.200 March 6250 10.900 April 3.500 7.100 May 8,500 12.100 June 3.950 8.200 July 3.900 8.100 4690 9.350 August Using the high-low method, calculate the total fixed cost per month and the variable cost per sock (Round your "Variable Cost per Unit" answer to 3 decimal places.) Variable Cost per Unit 5 Foad Cost 0.840 S 3,690
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