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Sandy's Socks makes the world's best socks. Information for the last eight months follows Month January February March April May June July August Number of
Sandy's Socks makes the world's best socks. Information for the last eight months follows Month January February March April May June July August Number of Socks Produced 8,000 4,500 7,000 8,600 3,750 6,000 3,000 5,000 Total Cost 7,000 5,000 6,250 7,750 5,000 6,250 4,250 5,750 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 Fixed Cost
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