Using High-Low to Calculate Fixed Cost, Calculate the Variable Rate, and Construct a Cost Function You may use any of the Additional Resources listed in the drop-down menu above to help you complete this activity, but you are not required to do so. To access each resource, click on its name in the drop down menu above. Pizza Vesuvio makes specialty pizzas. Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant. Data for the past eight months were collected: In your calculations, round the variable rate per employee to the nearest cent. Using the high-low method, calculate the fixed cost of labor. Round your answer to the nearest dollar. Using the high-low method, calculate the variable rate. Round your answer to the nearest cent. Using the high-low method, construct the cost formula for total labor cost. Total labor cost = $ (round to nearest dollar)