Question: Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Pizza Vesuvio makes specialty pizzas. Pizza Vesuvio's controller wants to calculate

Using High-Low to Calculate Predicted Total Variable Cost and Total Cost

Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Pizza Vesuvio makes specialty pizzas. Pizza Vesuvio's controller wants to calculate the fixed and variable costs associated with labor used in the restaurant. Data for the past eight months were collected: Assume that this information was used to construct the following formula for monthly labor cost. Assume that 665 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations: Calculate total variable labor cost for September. Round your answer to nearest whole number. Calculate total labor cost for September. Round your answer to nearest whole number

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