Question
The Organic Buffet offers an? all-you-can-eat buffet meal for $33 per person. The restaurant employs ten salaried employees. Rent for the? building, employee? salaries, and
The Organic Buffet offers an? all-you-can-eat buffet meal for $33 per person. The restaurant employs ten salaried employees. Rent for the? building, employee? salaries, and other fixed costs for the restaurant are $154,000 per month when the restaurant serves meals up to 14,500 guests in that month. If the restaurant were to serve more than 14,500 guests in any given? month, it would need to hire two additional servers and two additional kitchen staff for an additional fixed cost of $ 21,000 per month. The variable cost of food is $14 per guest
na o anc Butta o e s an you can est but et mea ar oer pe son na restauran lo/s ten sa ance en places ant o ha buiding empo se salanas and other t ed costs or the rasta rant a e si 4,U 0 per month wren the as au ant sar es meals to 4 su guests ????? mo it he restaurant were to Requirement 1Vihat is thc rcatarrt's cost ocusbon for c mat ng cccts fte number cf guestz tc be served up to 14,600 gests per mort ? Requirement 2a. It the restaurant were to serve 14,UDo 9-ests n May, what would be the ostmated total coGI?Use the ccst cquaton trom Hecuremert i.) Requirement 2b. Fthe resta.ra nt were to rve 14 000 u in May, what would be the aerag cpaut? the restaurant werc to scrve 14,C00 guests in May, the average coct par guest would be S ?the restaurant were t would bo ser" 12, 100 guests n June the estimated lotel cos: usrqthe cost equaion from Requirement 1 the restaurant were to serve 12,100 guests in June, the estimated iotwl cost usirg the awerage cost per guest frem Rocurremant 2 woud ba s There is a diference in the two cost estimates because the average cost per gues as olume changes, due to the of the buifet's custs. The xed cost per urit as volume decreases, while the varable vost per urit Requirement 4. what is te resturat's cost ecution for esim??ng ccsts ? the number cfquest tc b?served is more than 14,500 guests per mort? ?the restaurant were to servu 15,900 g.es?n Juv, the' estimated total cost usng the cost equation form Requrement 4 would be na o anc Butta o e s an you can est but et mea ar oer pe son na restauran lo/s ten sa ance en places ant o ha buiding empo se salanas and other t ed costs or the rasta rant a e si 4,U 0 per month wren the as au ant sar es meals to 4 su guests ????? mo it he restaurant were to Requirement 1Vihat is thc rcatarrt's cost ocusbon for c mat ng cccts fte number cf guestz tc be served up to 14,600 gests per mort ? Requirement 2a. It the restaurant were to serve 14,UDo 9-ests n May, what would be the ostmated total coGI?Use the ccst cquaton trom Hecuremert i.) Requirement 2b. Fthe resta.ra nt were to rve 14 000 u in May, what would be the aerag cpaut? the restaurant werc to scrve 14,C00 guests in May, the average coct par guest would be S ?the restaurant were t would bo ser" 12, 100 guests n June the estimated lotel cos: usrqthe cost equaion from Requirement 1 the restaurant were to serve 12,100 guests in June, the estimated iotwl cost usirg the awerage cost per guest frem Rocurremant 2 woud ba s There is a diference in the two cost estimates because the average cost per gues as olume changes, due to the of the buifet's custs. The xed cost per urit as volume decreases, while the varable vost per urit Requirement 4. what is te resturat's cost ecution for esim??ng ccsts ? the number cfquest tc b?served is more than 14,500 guests per mort? ?the restaurant were to servu 15,900 g.es?n Juv, the' estimated total cost usng the cost equation form Requrement 4 would beStep by Step Solution
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