The owner of Marshall Restaurant is disappointed because the restaurant has been averaging 7,500pizza sales per month, but the restaurant and wait staff can make and serve 10,000 pizzas per month.The variable cost (for example, ingredients) of each pizza is $1.55. Monthly fixed costs (for example,depreciation, property taxes, business license, and manager's salary) are $12,000 per month. The ownerwants cost information about different volumes so that some operating decisions can be made.RequirementsFill in the following chart to provide the owner with the cost information. Then use the completed chartto help you answer the remaining questions.Monthly pizza volume 6,000 7,500 10,000Total fixed costs $ $ $Total variable costsTotal costsFixed cost per pizza $ $ $Variable cost per pizzaAverage cost per pizzaSelling price per pizza $ 6.25 $ 6.25 $ 6.25Average profit per pizzaFrom a cost standpoint, why do companies such as Marshall Restaurant want to operate near or at fullcapacity?The owner has been considering ways to increase the sales volume. The owner thinks that 10,000 pizzascould be sold per month by cutting the selling price per pizza from $6.25 to $5.75. How much extraprofit (above the current level) would be generated if the selling price were to be decreased? (Hint: Findthe restaurant's current monthly profit and compare it to the restaurant's projected monthly profit atthe new sales price and volume.)