Calculate total variable labor cost for september

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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 were collected:

Month Labor Cost Employee Hours

January $6,900 410

February $9,799 600

March $8,040 720

April $9,687 660

May $8,390 530

June $7,431 400

July $9,390 620

August $7,350 360

Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost = $6659 + ($1.92 x Employee Hours).

Required - Assume that 695 employee hours are budgeted for the month of September. Use the total labor cost formula for the following calculations:

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

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

Reference no: EM132709253

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