and two additional kitchen staff for an additional fixed cost of $24,000 per month. The variable cost of food is $13 per guest. Read the Requirement 1 . What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 13,500 guests per month? y=x+ Requirement 2a. If the restaurant were to serve 12,600 guests in May, what would be the estimated total cost (Use the cost equation from Requirement 1.) If the restaurant were to serve 12,600 guests in May, the estimated total cost would be Requirement 2b. If the restaurant were to serve 12,600 guests in May, what would be the average cost per guest? If the restaurant were to serve 12,600 guests in May, the average cost per guest would be Requirement 3a. If the restaurant were to serve 11,400 guests in June, what would be the estimated total cost using the cost equation from Requirement 1 ? If the restaurant were to serve 11,400 guests in June, the estimated total cost using the cost equation from Requirement 1 would be Requirement 3b. If the restaurant were to serve 11,400 guests in June, what would be the estimated total cost using the average per guest cost from Requirement 2b ? If the restaurant were to serve 11,400 guests in June, the estimated total cost using the average cost per guest from Requirement 2b would be and two additional kitchen staff for an additional fixed cost of $24,000 per month. The variable cost of food is $13 per guest. Read the requirements. If the restaurant were to serve 1 Requirement 2b would be Requirement 3c. Why is there a There is a difference in the two c as volume de Requirement 4. What is the rest y= x+ Requirement 5. If the restaurant If the restaurant were to serve 14 would be 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 13,500 guests per month? 2. If the restaurant were to serve 12,600 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 11,400 guests in June, what would be the: a. Estimated total cost using the cost equation from Requirement 1? b. Estimated total cost using the average per guest cost from Requirement 2b ? c. Why is there a difference in the two cost estimates? 4. What is the restaurant's cost equation for estimating costs if the number of guests to be served is more than 13,500 guests per month? 5. If the restaurant were to serve 14,700 guests in July, what would be the estimated total cost? (Use the cost equation from Requirement 4.) r guest cost from Requirement 2b ? he guests per month? from Requirement 4.) of the buffet's costs. The fixed cost per unit of the buffet's costs. The fixed cost per unit
