The Jackson Buffet offers an all-you-can-eat buffet meal for $32 per person. The restaurant employs ten salaried employees Rest for the building employee salaries and other fxed costs for the restaurant are $186,200 per month when the vels up to 13,900 guests in that month if the restaurant were to serve more than 13.000 guests in any given month. It would need to hire two additional servers and two additional then stat for an additional fixed cost of $18.000 per month The variable cost of food is $14 per guest Read the mutements the restaurant were to serve 13.300 guests in May, the average cost per guest woun Requirement 3. If the restaurant were to serve 11,700 guests in June, what would be the estimated total cost using the cost equation from Requirement 17 the restaurant were to serve 11.700 guests in June, the estimated cost using the cist egation from Requirement 1 would be Requirement 36. the restaurant wore to serve. 51.700 guests in June what would be the esterated total cost using the average par guest costume? if the restaurent were to serve 11,700 guests in June, the estimated total coet uning the average cost per guest bom Requirement 20 would be Requirement 3. Why is there a difference in the co There is a difference in the two cost astmates because the average cost per gu while the variable cost per un as volume changes, the Requirement 4. What is the restaurants coal equation for estimating costs if the number of guests to be served is more than 13.900 guests per month) Requirement 5. if the restaurant were to serve 14.000 guests in July, what would be the estimated total cost? (Use the cost equation from Requirement 4.3 of the buffer's coats. The Sxed cost per unt as volume decreases servers and two additional kit eat buffet meal for $32 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the restau ests in that month. If the restaura food is $14 per guest. ests in June, the estimated total to serve 11,700 guests in June, uests in June, the estimated total nce in the two cost estimates? limates because the average cost 's cost equation for estimating com 42.000 Requirements 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 13,900 guests per month? 2. If the restaurant were to serve 13,300 guests in May, what would be the Estimated total cost? (Use the cost equation from Requirement 1.) b. Average cost per guest? a. 3. If the restaurant were to serve 11,700 guests in June, what would be the: Estimated total cost using the cost equation from Requirement 1? a. b. Estimated total cost using the average per guest cost from Requirement 2b? c. Why is there a difference in the two cost estimates? 4. What is the restaurant's cost equation for estimating costs if the number of guests to be served is more than 13,900 guests per month? 5. If the restaurant were to serve 14,900 guests in July, what would be the estimated total cost? (Use the cost equation from Requirement 4.) costs. The fixed cost per unit to serve 14,900 guests in July, wh guests in July, the estimated total Print Done