Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below Direct Output Rent in Units Expense Materials 1,000 $6,940 $5,552 2,000 6,940 9.994 3,000 11,1046,000 4,000 11,104 8,000 5,000 11,10410,000 6,000 11,104 12,000 7,000 11,104 14,000 8,000 11,104 16,000 9,000 13,880 40,668 10,000 13,880 48,580 11,000 13,880 61,072 Your answer is correct. Determine the relevant range of activity for this product. The relevant range of activity for this product 3,000-8,000 uits eTextbook and Media Attempts: 1 of 5 used Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places, eg. 1.25.) $ Variable costs per unit per unit Indicate the fixed cost within the relevant range Fixed cost Warning Don't show me this message again for the assignment