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Using High - Low to Calculate Predicted Total Varlable Cost and Total Cost for Budgeted Output Pizza Vesuvio makes specialty pizzas, Data for the past
Using HighLow to Calculate Predicted Total Varlable Cost and Total Cost for Budgeted Output
Pizza Vesuvio makes specialty pizzas, Data for the past months were collected:
tableMonthtableLaborCosttableEmployeeHoursJanuary$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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