Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Pizza Vesuvio...

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Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for Budgeted Output Pizza Vesuvio makes specialty pi

Required: Assume that 705 employee hours are budgeted for the month of September. Use the total labor cost formula for the fo

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Answer 1

Answer #1

Required 1 :

Total variable labor cost for September = 2.09 * Employee hours = 2.09 * 705 =	1473

Required 2 :

Total labor cost for September = 7213 + ( 2.09 * Employee hours ) = 7123 + ( 2.09 * 705 ) =	8596

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Answer 2

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