Hiram's Lakeside is a popular restaurant located on Lake washington in Seatte The owner of the restaurant has been trying to beter understand costs at the restaurant and has hired a student intem to conduct an activity-based costing study. The intern, in consultation with the owner, identified three major activities and then completed the first-stage allocations of costs to the activity cost pools. The results appear below Activity MeasureTotal Cost Total Activity 040 5,400 parties 115,250 12,500 diners 30,240 10,800 drinks Activity Cost Pool Serving a party of diners Serving a diner Serving a drink Number of parties served Number of diners served Number of drinks ordered The above cosis include all of the costs of the restaurant except for organization-sustaining costs such as rent, property taxes, and top-management salaries Some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. Other costs, such as washing plates and glasses, depend on the number of diners served or the number of drinks served Prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month (including organization-sustaining costs) was $180,000 and that 12,000 diners had been served. Therefore, the average cost per diner was $15 Required 1. According to the activity-based costing system, what is the total cost of serving each of the following parties of diners? (Round your intermediate calculations and final answers to 2 decimal places.) Total Cost a A party of five diners who order one drinks in total b.A party of four diners who do not order any drinks. c. A party of one diner who orders three drinks. 2. Convert the total costs you computed in (1) above to costs per diner. In other words, what is the average cost per diner for serving each of the following parties? (Round your intermediate calculations and final answers to 2 decimal places.) Activate Windows The above costs include all of the costs of the restaurant except for organization-sustaining costs such as rent, property taxes, and top-Imanagement salaries Some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. Other costs, such as washing plates and glasses, depend on the number of diners served or the number of drinks served. Prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month (including organization-sustaining costs) was $180,000 and that 12.000 diners had been served. Therefore, the average cost per diner was $15. Required: 1. According to the activity-based costing system, what is the total cost of serving each of the tollowing parties of diners? (Round your intermediate calculations and final answers to 2 decimal places.) Total Cost . A party of five diners who order one drinks in total b. A party of four diners who do not order any drinks. c. A party of one diner who orders three drinks. 2. Convert the total costs you computed in (1) above to costs per diner. In other words, what is the average cost per diner for serving each of the following parties? (Round your intermediate calculations and final answers to 2 decimal places.) Average a. A party of five diners who order one drinks in total b. A party of four diners who do not order any drinks. c. A party of one diner who orders three drinks. per diner per diner er diner Activate Windows