January $7,000 360 February 8,140 550 March 9,899 630 April 9,787 610 May 8,490 480 June 7,450 350 July 9,490 570 7,531 310 August Coefficients shown by a regression program for Pizza Vesuvio's data are: Intercept X Variable 4,517 8.20 In your calculations, round the variable rate per employee hour to the nearest cent. Required: Use the results of regression to make the following calculations: 1. Calculate the fixed cost of labor. Calculate the variable rate per employee hour. per employee hour 2. Construct the cost formula for total labor cost. Total labor cost = + ($) x Employee hours) 3. Calculate the budgeted cost for next month, assuming that 655 employee hours are budgeted. Round answer to the nearest dollar.