1. Using the high-low method, calculate the fixed cost of labor.

2. Using the high-low method, calculate the variable rate. Per employee hour.

3. Using the high-low method, construct the cost formula for total labor cost.

Show Me How Print hem Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost(S) Employee Hours 9,790 7,300 7,831 8,440 10,087 8,790 11,856 ,800 430 500 530 400 460 360 590 330 January une July Pizza Vesuvio's controller wants to calculate the foxed and variable costs associated with In your calculations, round the variable rate per employee hour to the Required: 1. Using the high-low method, calculate the fixed cost of labor fxed and variable costs associated with labor used in the restaurant nearest cent. If required, round your final answers to the nearest cent 2. Using the high-low method, calculate the variable rate X per employee hour 3. Using the high-low method, construct the cost formula for total labor cost Total labor costEmployee hours) Check My Work 1 more Check My Work uses remaining All work saved