Resolve "Board label edit drop down is showing incorrect selected labels summary"

What does this MR do?

Fixes bug where board label edit dropdown is shows incorrect selected labels summary

Why was this MR needed?

#44127 (closed)

Does this MR meet the acceptance criteria?

• Changelog entry added, if necessary
• Documentation created/updated
• API support added
• Tests added for this feature/bug
• Conforms to the code review guidelines
  • Has been reviewed by a UX Designer
  • Has been reviewed by a Frontend maintainer
  • Has been reviewed by a Backend maintainer
  • Has been reviewed by a Database specialist
• Conforms to the merge request performance guidelines
• Conforms to the style guides
• Conforms to the database guides
• If you have multiple commits, please combine them into a few logically organized commits by squashing them
• Internationalization required/considered
• End-to-end tests pass (package-and-qa manual pipeline job)

What are the relevant issue numbers?

Closes #44127 (closed)