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Gregory's Gems accumulated the following production and overhead cost data for the past five months:...

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Accounting

Gregory's Gems accumulated the following production and overhead cost data for the past five months: Production(units) Overhead cost

Jan 10,600 40,250

Feb 10,500 40,000

Mar 11,500 44,250

Apr 12,500 43,500

May 11,000 43,750

Use the high/low method to calculate the variable cost per unit and fixed costs for Gregory's Gems. Round your answers to the nearest cent, if necessary. Variable Cost ? per unit Fixed Cost ?

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