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Handy’s Hats makes the world’s best hats. Information for the last eight months follows: Month Number...

Handy’s Hats makes the world’s best hats. Information for the last eight months follows:

Month Number of Hats Produced Total Cost
January 3,500 $6,000
February 5,250 8,615
March 2,800 5,250
April 4,800 8,200
May 1,600 4,600
June 2,500 5,300
July 3,250 5,700
August 4,350 7,920

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:

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