This hat gives you many options for color choices. Use the same color for the ribbing of both hats or use different colors for two totally different hats.
A good project to use up scraps that you have.

Yarn
Fingering weight yarn total yards / meters needed for each size
112 (146, 198, 240) yds / 102 (134, 181, 220) m
Original knitted in Leading Men Fiber Arts gradient sets Fruit Salad and Rust Bucket on their Show Stopper base. 75% superwash merino and 25% nylon. Each set contains 6 minis of fingering weight yarn. Each mini is 92 yds / 84 m and 20 g.

Needles
US size 3 / 3.25 mm 16” circular
US size 4 / 3.5 mm 16” circular and dpn

Notions
1 stitch marker to mark the beginning of the round
Tapestry needle for closing the top