Using High-Low to Calculate Predicted Total Vible Cost and Total Cost for Budgeted Output Plzza Vesuvio makes specialty plzzas. Data for the past 3 months were collected: Month Labor Cost Employee Hours January $7,300 380 February $10,199 570 March $8,440 670 April $10,087 630 May 500 June 370 $8,790 $7,831 $9,790 $7,750 July 590 330 August Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost - $7080 + ($2.03 x Employee Hours) Required: Assume that 685 employee hours are budgeted for the month of September. Use the total tabor cost formula for the following calculations 1. Calculate total variable labor cost for September. Round your answer to nearest whole number. Month Labor Cost Employee Hours January $7,300 380 February $10,199 570 March $8,440 670 April $10,087 630 May $8,790 500 June $7,831 370 330 July $9,790 590 August $7,750 Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost = $7080 + ($2.03 x Employee Hours) Required: Assume that 685 employee hours are budgeted for the month of September. Use the total labor cost formula for the following cale 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 Using High-Low to Calculate Predicted Tote Variable Cost and Total cost for a Time Period the interstrom Le Daure 0 Pizza Vesuvio makes specialty pizzas. Dter the past 8 months were collected: Month Labor Cost Employee Hours January $6,800 350 February 9,699 540 March 7,940 660 April 9,587 600 May 8,290 470 June 7,331 340 July 9,290 560 August 2,250 300 Assume that this information was used to construct the following formula for monthly tabor cost. Total Labor Cost - $6,674 + ($1.92 X Employce Hours) Required: Assume that 3,800 employee hours are budgeted for the coming year. Use the total labor cost formula to make the following calculations: 1. Calculate total variable labor cost for the coming year Round your answer to the nearest dollar 2. Calculate total fixed labor cost for the coming vear Round your answer to the nearest dollar