Question: For practice only (no grade rewarded) Sandy's Socks makes the world's best socks. Information for the last eight months follows: Month Number of Socks Produced

For practice only (no grade rewarded) Sandy's Socks makes the world's best socks. Information for the last eight months follows:

Month Number of Socks Produced Total Cost

January 6,400 $10,240

February 2,000 4,000

March 3,800 7,220

April 4,550 8,190

May 5,300 9,010

June 8,200 12,370

July 2,700 5,400

August 7,500 11,625

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.)

Valuable Cost per Unit =

Fixed Cost =

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