Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost...
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Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $7,200 430 February 10,099 620 March 8,340 730 April 9,987 680 May 8,690 550 June 7,731 420 July 9,690 640 7,650 380 V August Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost $6,901 (51.97 X Employee Hours) Required: Assume that 3,900 employee hours are budgeted for the coming year. Use the total labor cost formula to make the following calculation 1. Calculate total variable labor cost for the coming year. Round your answer to the nearest dollar. 2. Calculate total fixed labor cost for the coming year. Round your answer to the nearest dollar. 3. Calculate total labor cost for the coming year. Round your answer to the nearest collar. Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $7,200 430 February 10,099 620 March 8,340 730 April 9,987 680 May 8,690 550 June 7,731 420 July 9,690 640 7,650 380 V August Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost $6,901 (51.97 X Employee Hours) Required: Assume that 3,900 employee hours are budgeted for the coming year. Use the total labor cost formula to make the following calculation 1. Calculate total variable labor cost for the coming year. Round your answer to the nearest dollar. 2. Calculate total fixed labor cost for the coming year. Round your answer to the nearest dollar. 3. Calculate total labor cost for the coming year. Round your answer to the nearest collar.
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