Honth Labor Cost Emplayee Hours enuary7300 Total Labor CastS5167 + ($7.40 X brplayer mars) Assume thait 4,000 employee hours are budgeted for the coming year Use the total labor co formula to make the folloming callations 1Calculate total vaable labor cost for the coming year Round your wer to the nearest olla 2. Calculat" tata feed is cost for th" coming year. Raund your ars-w to the nearest da! the coming yea nearest doll