$20 Requirements aran uests 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 14,500 guests per month? 2. If the restaurant were to serve 13,800 guests in May, what would be the: a. Estimated total cost? (Use the cost equation from Requirement 1.) b. Average cost per guest? 3. If the restaurant were to serve 12,200 guests in June, what would be the: a. Estimated total cost using the cost equation from Requirement 12 b. Estimated total cost using the average per guest cost from Requirement 2b? c. Why is there a difference in the two cost estimates? What is the restaurant's cost equation for estimating costs if the number of guests to be served is more than 14,500 guests per month? 5. If the restaurant were to serve 15,900 guests in July, what would be the estimated total cost? (Use the cost equation from Requirement 4.) Print Done The Organic Buffet offers an all-you-can-eat buffet meal for 531 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fored costs for the restaurant are $ 138,000 per morth when the restaurant serves meals up to 14.500 guests in that month. If the restaurant were to serve more than 14,500 guests in any given month, it would need to hire two additional servers and two additional kitchen staff for an additional food cost of $24,000 per month. The variable cost of food is $20 per guest Read the requirements Requirement 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 14,500 guests per month? y=SL x+$