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Sandy's Socks makes the world's best socks. Information for the last eight months follows: Number of Socks Produced Month January February Total Cost $7.000 5.000

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Sandy's Socks makes the world's best socks. Information for the last eight months follows: Number of Socks Produced Month January February Total Cost $7.000 5.000 4500 April 5.000 250 July August 5.000 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 $ 0.625 Foxed Cost

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