Question: 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
Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Eudgeted Output Pita Vesuvio makes speclalty pizzas. Dota for the past 8 months were collected: Assume that this information was used to construct the following formula for monthly labor cost. Total Laboe Cout =$6679+($1.97 Employee Hours ) Required: Aspume that 655 employee hours are budgeted for the month of September. Use the total fabor cost formula for the following calculations: 1. Calculate total variable isbor cost for September. Round your an wer to nearest whole number: 2. Celculate total iabor cost for September, flound your answer to nearest whole number
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