Ivanhoe Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as follows. Determine the relevant range of activity for this product based on the cost behavior of each input: The relevant range of activity for this product units. eTextbook and Media (c) Youranswer is correct Calculate the unit variable costs within the relevant range. (Round answer to 2 decimal places e.g. 2.25.) Unit variable cost for direct materials per unit Indicate the foxed cost within the relevant range. Fixed cost