Using High-Low to Calculate Fixed Cost Calculate the Variable Rate, and Construct a cost Function Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,690 430 February 7,200 500 March 7.731 530 April 8,340 400 May 9,987 460 June 8,690 360 11,860 590 July August 7.700 330 Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant in your calculations, round the variable rate per employee hour to the nearest cent. If required, round your final answers to the nearest centi Required: 1. Using the high-low method, calculate the variable rate. per employee hour 2. Using the high low method, calculate the fixed cost of labor. 3. Using the high-low method, construct the cost formula for totalt Total labor cost Employee hours)