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January 9,490 470 February 7,000 540 March 7,531 580 April 8,140 430 May 9,787 500 June 1,490 400 July 12,604 650 August 7,500 360
January 9,490 470 February 7,000 540 March 7,531 580 April 8,140 430 May 9,787 500 June 1,490 400 July 12,604 650 August 7,500 360 Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant In your calculations, round the variable rate per employee hour to the nearest cent. If required, round your final answers to the nearest cent Required: 1. Using the high-low method, calculate the variable rate. X per employee hour 2. Using the high-low method, calculate the foxed cost of labor 3. Using the high-low method, construct the cost formula for total labor cost Total labor cost- Employee hours)
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