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 $7,200 330 February $10,099 520 March $8,340 630 April $9.987 580 May $8,690 450 Sune 57,731 J20 July 59,690 $40 August $7,650 280 Assume that this information was used to construct the following formula for monthly labor cost. Yollabor Cost - $7098 ($1.97 x Employee Hours) Required: Assume that 635 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations: 1. Calculiste total variable labor cost for September, Round your answer to nearest whole number, 4,837,20 X 2. Calculate total labor cost for September. Round your answer to nearest whole number 10,619.2 X 1. Tabor Cost - vible Rate Employee Hours US 615 semplovee bouts 2. Use the forma given the 635 employee hours