Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $7,300 370 February $10,199 560 March $8,440 650 April $10,087 620 May $8,790 490 June $7,831 360 July 580 $9,790 $7,750 August 320 Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost = $7081 + ($2.09 x Employee Hours) Required: Assume that 645 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations: 1. Calculate total variable labor cost for September. Round your answer to nearest whole number. 2. Calculate total labor cost for September. Round your answer to nearest whole number