The Paulson Buffet offers an all-you-can-eat buffet meal for $25 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed costs for the restaurant are $110,400 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 $19,000 per month. The variable cost of food is $16 per guest. Read the requirements. Requirement 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 14,500 guests per month? y = X + Requirement 2a. If the restaurant were to serve 13,800 guests in May, what would be the estimated total cost (Use the cost equation from Requirement 1.) If the restaurant were to serve 13,800 guests in May, the estimated total cost would be Requirement 2b. If the restaurant were to serve 13,800 guests in May, what would be the average cost per guest? If the restaurant were to serve 13,800 guests in May, the average cost per guest would be Requirement 3a. If the restaurant were to serve 12,400 guests in June, what would be the estimated total cost using the cost equation from Requirement 1?

The Paulson Buffet offers an ali-you-can-eat buffet meat for $25 per person. The restaurant employs ten salaried employees. Ront for the building. employee salaries, and other foxed costs for the restaurant are $110,400 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 piven month, it would need to hire two additional servers and two additional kitehen statf for an additional fixed cost of $19,000 per month. The variable cost of food is $16 per guest Read the reguirements Requirement 1. What is the restauranrs cost equation for estimating costs it the number of guests to be served is up to 14,500 guests per month? y= Requirement 2a. If the restaurant were to serve 13,800 guests in May, what woyld be the estimated total cost (Use the cost equation from Roquirement 1) If the restaurant were to serve 13,800 guests in May, the estmated total cost would bo Requirement 2b. If the restaurant were to serve 13.800 guests in May, what would be the average cost per guest? If the restaurant were to serve 13,800 guests in May, the average cost per guost would be Requirement 3a. If the restautant were to serve 12,400 guests in June, what would be the estimated total cost using the cost equation from Requirement 17? Requirement Ja. If the restaurarthwere to serve 12,400 guests in June, what would be the estimated total cost using the cost equation from Requirement 1 ? If the festaurant were te serve 12,400 guests in June, the estimated total cost using the cost equation from Requirement 1 Whelid be Requirement 3b. If the restaurant wore to sorve 12,400 guests in June, what would be the estimated total cont using the average per gubst cost from Requirement 2 b? If the nestaurant were to serve 12,400 guests in June, the estimated total cost using the average oost per guost from Requrement 26 would be Requirement 3b. if the restaunact were to serve 12.400 guests in June, what would be the estimalod total cost using the average per quest cost from Reguirernent 2b? If the restaurant were to serve 12.400 gueste in June, the estimated todal cost using the average cost per guest from Aequirement 2b would be Requirement 3c. Why is there a difference in the Wo oost ettimates? There is a difference in the two cost eutimates because the average cont pet guest as voluene changes, due to the the buriots costsi. The foed cost per unit as volume decreases, while the variablo oost per unit Requirement 4. What is the restaurants cost equation for estimating costs if the number of quests to be servod is more than 14.500 guests per month