mathleom BCOR 2303001-004: Principles of Accounting || Chris Usher .3 | 10/29/21 3:23 PM : H k' H k1

Inter x The( X Inter X Inter X I Dash X Rese X Ama x I McV x a Laun X Buff X I Hom X zool X Cour mathxl.com/Student/PlayerHomework.aspx?homeworkld = 612952505&question ld = 1 &flushed = 6749366&back= DoAssig homework BCOR 2303-001-004: Principles of Accounting II Homework: Homework 1 Question 11, P2-46A (si... Part 1 of6 Update Chris Usher | 10/29/21 3:23 PM Save HW Score: 53.53%, 26.76 of 50 points O Points: 0 of 4 Next question The owner of Staten Island Restaurant is disappointed because the restaurant has been averaging 10,000 pizza sales per month, but the restaurant ake and serve 12,500 pizzas per month. The variable cost (for example, ingredients) of each pizza is $1.60. Monthly fixed costs (for example, depreciation, property taxes, business license, and manager's salary) are $13,000 per month. The owner wants cost information about different volumes so that some operating decisions can be made. Read the ceguirements. Requirement 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. (Enter total variable costs to the nearest dollar. Enter costs per pizza, price per pizza, and profit per pizza to the nearest cent.) Monthly pizza volume . Total fixed costs.. Total variable costs . Total costs Fixed cost per pizza . Variable cost per pizza . Average cost per pizza . Selling price per pizza . Average profit per pizza 6,500 6.25 $ 10,000 6.25 $ 12,500 6.25 Requirements 1. 2. 3. Use the chart below to provide the owner with the cost information. Then use the completed chart to help you answer the remaining questions. From a cost standpoint, why do companies such as Staten Island Restaurant want to operate near or at full capacity? The owner has been considering ways to increase the sales volume. The owner thinks that 12,500 pizzas could be sold per month by cutting the selling price per pizza from $6.25 a pizza to $5.75. 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.) print Done Calculator Print Clear all p Type here to search 1 Check answer 3:24 PM 10/29/2021