Question: 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

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: Labor Cost($) Employee Hours Month January 9,590 560 February 7,100 650 March 7,631 690 April 8,240 520 May 9,887 600 June 8,590 470 July 13,516 770 August 7,600 430 Pizza Vesuvio's controller wants to calculate the variable and fixed 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 cent. Required: 1. Using the high-low method, calculate the variable rate. per employee hour Hains the hnh law mathad osladaka the batal Flund Inhar cash.
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