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Calculate total variable labor cost for september

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Reference no: EM132521659

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                       $6,900                         430

February                     $9,799                          620

March                        $8,040                          710

April                          $9,687                          680

May                           $8,390                        550

June                           $7,431                         420

July                            $9,390                       640

August                         $7,350                   380

Assume that this information was used to construct the following formula for monthly labor cost.

Total Labor Cost = $6556 + ($2.09 x Employee Hours)

Required:

Assume that 685 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations:

Question 1. Calculate total variable labor cost for September. Round your answer to nearest whole number.

Question 2. Calculate total labor cost for September. Round your answer to nearest whole number.

Reference no: EM132521659

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