Using Regression to Calculate Fixed Cost, Calculate the Variable Rate, Construct a Cost Formula, and Determine Budgeted Cost Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $5,900 360 February 8.140 550 March 9,899 630 April 9,787 600 May 8,490 480 June 7,450 350 July 9,490 570 7,531 310 August Coefficients shown by a regression program for Pizza Vesuvio's data are: Intercept X Variable 4,431 8.37 In your calculations, round the variable rate per employee hour to the nearest cent. Required