Exercise 5-2 b-d 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. Output in Units 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 Rent Expense $5,000 5,000 8,000 8,000 8,000 8,000 8,000 8,000 10,000 10,000 10,000 Direct Materials $4,000 7,200 9,000 12,000 15,000 18,000 21,000 24,000 29,300 35,000 44,000 Determine the relevant range of activity for this product. The relevant range of activity for this product units Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places e.g. 2.25.) Variable costs per unit per unit $ Indicate the fixed cost within the relevant range. Fixed cost Click if you would like to Show Work for this question: Open Show Work