Question: Required: 1. Using the high-low method, calculate the variable rate.. 19.5 X per employee hour 2. Using the high-low method, calculate the total fixed

Required: 1. Using the high-low method, calculate the variable rate.. 19.5 X per employee hour 2. Using the high-low method, calculate the total fixed labor cost. 3. Using the high-low method, construct the cost formula for total labor cost. Total labor cost=$ +[$ Employee hours] Using High-Low to Calculate the Variable Rate, Calculate Fixed Cost, and Construct a Cost Function: Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,490 440 February 7,000 510 March 7,531 540 April 8,140 410 May 9,787 4801 June 8,490 370

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