Question

Month Labor Cost Employee Hours January $6,900 390 February $9,799 580 March $8,040 670 April $9,687 640 May $8,390 510 June $7,431 380 July $9,390 600 August $7,350 340 Assume that this information was used to construct the following formula for monthly labor cost. Total Labor Cost = $6639 + ($2.09 x Employee Hours) Required: Assume that 645 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. $fill in the blank 1

Answer 1

$7988.

Explanation:

Total Labor Cost = $6639 + ($2.09 x Employee Hours)

Total Labor Cost for September = $6639 + ($2.09 x 645)

Total Labor Cost for September = $6639 + $1349.05

Total Labor Cost for September = $7988.05

Rounded to the nearest whole number, the total variable labor cost for September is $7988.