Using Regression to Calculate Fixed Cost, Calculate the Variable Rate, Construct a Cost Formula, and Determine Budgeted Cost Pizza Vesuvio makes specialty pizzas. Data for the past eight months were collected: Coefficients shown by a regression program for Pizza Vesuvio's data are: Intercept 4, 431 X Variable 8.37 Use the results of regression to make the following calculations: Calculate the fixed cost of labor. Calculate the variable rate per employee hour. Construct the cost formula for total labor cost. Calculate the budgeted cost for next month, assuming that 695 employee hours are budgeted. Round answer to the nearest dollar