ist 3 5 6 7 The owner of Queens Restaurant is disappointed because the restaurant has been averaging 5,000 pizza sales per month, but the restaurant and wait staff can make and serve 10,000 pizzas per month. The variable cost (for example, xes, business license, and umes so that some Requirements 1. Use the chart below to provide the owner with the cost information. Then use the completed chart to help you answer the remaining questions. 2. From a cost standpoint, why do companies such as Queens Restaurant want to operate near or at full capacity? 3. The owner has been considering ways to increase the sales volume. The owner thinks that 10,000 pizzas could be sold per month by cutting the selling price per pizza from $5.50 to $5.00. How much extra profit (above the current level) would be generated if the selling price were to be decreased? (Hint: Find the restaurant's current monthly profit and compare it to the restaurant's projected monthly profit at the new sales price and volume.) - X the completed chart to or costs per pizza, price Variable cost per pizza Average cost per pizza solve this Video Get more help Print Done Clear all Check answer bert tion list estion 1 Data table Monthly pizza volume....... 2,500 5,000 10,000 $ $ $ Total fixed costs.. estion 2 Total variable costs Total costs... Jestion 3 $ $ Fixed cost per pizza. Variable cost per pizza uestion 4 Average cost per pizza Selling price per pizza uestion 5 Average profit per pizza..... Question 6 Question 7. Average cost per pizza $ 5.50 $ 5.50 $ 5.50) Print Done s been averaging 5,000 pizza sales per Xer month. The variable cost (for example, ation, property taxes, business license, and about different volumes so that some mation. Then use the completed chart to earest dollar. Enter costs per pizza, price 10,000 The owner of Queens Restaurant is disappointed because the restaurant has been averaging 5,000 pizza sales per month, but the restaurant and wait staff can make and serve 10,000 pizzas per month. The variable cost (for example, ingredients) of each pizza is $1.20. Monthly fixed costs (for example, depreciation, property taxes, business license, and manager's salary) are $5,000 per month. The owner wants cost information about different volumes so that some operating decisions can be made. (Click the icon to view the chart for Requirement 1.) Read the requirements. Monthly pizza volume. Total fixed costs. Total variable costs Total costs Fixed cost per pizza Variable cost per pizza 2,500 5,000 10,000 Average cost per pizza Selling price per pizza. $ 5.50 $ 5.50 $ 5.50 Average profit per pizza