Question
The Anderson Buffet offers an all you can eat buffet meal for $29 per person. The restaurant employs ten salaried employees. Rent for the building,
The Anderson Buffet offers an all you can eat buffet meal for $29 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the resturant are $122,400 per month when the restaurant serves meals up to 14,100 guests in any given month it would need to hire two additional serves and two additional kitchen staff or an fixed cost of 18,000 per month. The variable cost of food is $13 per guest.
Requirement 1: What is the resturant's cost equation for estimated cots if the number of guests to be served is up to 14,100 guests per month?
y= _____ x + ___
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