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 $7,000 410 February $9,899 600 March $8,140 690 April $9,787 660 May $8,490 530 June $7,531 400 July $9,490 620 August $7,450 360 Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost $6698+ ($2.09 x Employee Hours) Required: Assume that 715 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.