Question 2 (11 Marks) John plans to start a milk and pizza business in 2022. Suppose John owns a rental premises from which his rental earnings are AUD 3,000 per month. He asks the rental people to leave and uses the premises for the milk and pizza business. The table below represents John's January business summary: Item 1 Milk truck Milk stainless cans Milk cooler 2 litre milk packs (Number of packs bought depend on demand. Assume January average expenditure) Pizza ingredients (Ingredients used depend on demand. Assume January expenditure) 2 cashiers (Assume a cashier per section [Milk and Pizza]. Also, wages depend on hours worked. Assume January average wages per cashier) 2 bakers (Wages depend on hours worked. Assume January average wages per baker) Pizza packaging boxes (Boxes depend on demand. Assume average January boxes Cost (AUD) 120,000 20,000 40,000 30,000 4,000 3,000 3,500 2,000 fon 2 litre milk packs (Number of packs bought depend on demand. Assume January average expenditure) Pizza ingredients (Ingredients used depend on demand. Assume January expenditure) 2 cashiers (Assume a cashier per section [Milk and Pizza]. Also, wages depend on hours worked. Assume January average wages per cashier) 2 bakers (Wages depend on hours worked. Assume January average wages per baker) Pizza packaging boxes (Boxes depend on demand. Assume average January boxes used) Pizza special oven i. Milk production per day: 300 litres per day Note: Assume 90,000 litres per month produced and bought.. 30,000 4,000 3,000 3,500 2,000 25,000 ii. Pizza production per day is 500 pizzas. Assume 15,000 pizzas per month are produced and all that are produced are sold. the nunstions helow. c. Assume John sells milk at AUD2.50 per litre. Also, assume John sells each pizza at AUD 10.00. Calculate John's accounting profit and economic profit for the month of January. (7 Marks)