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Using High - Low to Calculate Predicted Total Variable Cost and Total Cost for a Time Period that Differs from the Data Period Pizza Vesuvio
Using HighLow to Calculate Predicted Total Variable Cost and Total Cost for a Time Period that Differs from the Data Period Pizza Vesuvio makes specialty pizzas. Data for the past months were collected: tableMonthLabor Cost,Employee HoursJanuary$FebruaryMarchAprilMayJuneJulyAugust Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost Employee Hours
Using HighLow to Calculate Predicted Total Variable Cost and Total Cost for a Time Period that Differs from the Data Period
Pizza Vesuvio makes specialty pizzas. Data for the past months were collected:
tableMonthLabor Cost,Employee HoursJanuary$FebruaryMarchAprilMayJuneJulyAugust
Assume that this information was used to construct the following formula for monthly labor cost.
Total Labor Cost Employee Hours
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