Using High-Low to Calculate Fixed Cost Calculate the Variable Rate, and Construct a Cost Function Pizza Vesuvio makes specialty pizzas. Dato for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,690 380 February 7,200 440 March 7.731 460 April 8,340 350 May 9,987 410 June 8,690 320 11,702 520 290 July August 7,700 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 cen Required: 1. Ung the high-low method, calculate the variable rate. per employee hour 2. Using the high-low method, calculate the foed cost of labor. 3. Using the high-low method, construct the cost formula for total labor cost. Total labor cost ( Employee hours)