This T 32 of 32 (25 complete) * Requirements iding, employee salari to serve more than 13 he variable cost of food S an all-you-can-eat are $143,000 per mon ed to hire two additio honth? t is the restaurant's cost Requirement 1.) 1. What is the restaurant's cost equation for estimating costs if the number of guests to be served is up to 13,800 guests per month? 2. If the restaurant were to serve 13,000 guests in May, what would be the: a. Estimated total cost? (Use the cost equation from Requirement 1.) b. Average cost per guest? 3. If the restaurant were to serve 11,500 guests in June, what would be the: Estimated total cost using the cost equation from Requirement 1? 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 13,800 guests per month? 5. If the restaurant were to serve 15,300 guests in July, what would be the estimated total cost? (Use the cost equation from Requirement 4.) a. the restaurant were to ser are to serve 13,000 guests the restaurant were to ser were to serve 13,000 guests Requirement 12 a. If the restaurant were to ser Print Dono her in the edit fields and the The Jackson Butlet offers you can eat bullet men for 532 per person. The restaurant employs tried employees. Reet for the building, yesataries and other feed cons for the restaurante 14.000 per month when the manteve me up to 12.800 guests in a month of the restaurant to serve more than 13.00 gesny que mortit would need to hire wervers and we dona che staff for an additional cost of $21.000 per month The variable cost of food a 517 per guest Read the users Requirement 1. What is the restaurants contention to estimating comme le rumber of guests to be served in to the 1200 gants per monter? y Maquirement 2.1 here were 13.000 in May, what would be the limited (con bom equirement) thew 13.000 ege could be Here were to see the outcome o S 4 & 7 8 9 0 6 3 5 O 1 P W E T R Y K H L S G D F C V M B N 92 command option mand 32 of 32 25 compte mis Question: 5 pts The Jackson Buffet offers an all-you-can-cat buffet meal for $32 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other costs for the restaurant are $143,000 per month when the restaurant serves meals up to 13,800 guests in that month the restaurant were to serve more than 13,800 guests in a given morth it would need to hire two additionat servers and two additional kitchen staff for an additional feed cost of $21,000 per month. The variable cost of food is $17 per guer Read the recuirements 1 the restaurant were to serve 13.000 guests in May, the average cost per guest would be Requirement 3a. It the restaurant were to serve 11.800 guests in June, what would be the estimated total cost uning the cost equation from Requirement 17 Hierontarent were to serve 11.800 guests in June, the estimated tal cost using the contequason trom Requirement would be Requirements. It the restorant were 18 ve 11,600 guests in June, what would be the estimated total cost using the average per guest cost from Roqurement 22 Versurat were to serve 11.500s in June, the estimated total cost using the average cout per gest from Enter any number in the edities and then continue to the next question : Test 2 - Chapters 4 thru o uestion: 5 pts 32 of 32 (28 complete) This Test: 100 pts pos Jackson Buffet offers an all-you can eat buffet meal for $32 per person. The restaurant employs ten salaried employees. Rent for the building, employee salaries, and other fixed for the restaurant are $143,000 per month when the restaurant serves ments up to 13,800 guests in that month, the restaurant were to serve more than 13,800 guests in any en 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 $17 per guest ad the requirements squirement 3b. If the restaurant were to serve 11.500 guests in June, what would be the estimated total cont using the average per guest cost from Requirement 257 at the restaurant were to serve 11.500 guests in June, the estimated total con using the average cont per quest from Requirement 2h would be Requirement de. Why is there a difference in the two cout estimates? There is a difference in the two cost estimates because the average cost per guest svolume changes, due to the twed cout per un volume decreases, while the variabile cost per una Requirement 4. What is the restaurants ont equation for estimating costs it the number of guests to be served in more than 13.800 guests per month? of the butter's costs The h Enter any number in the edities and then continue to the next question The Jackson Buffet offers an at-you-can-cast buffet meal for $32 per person. The restaurant employs ten salaried employees. Rent for the building, employee salarios, and other fixed costs for the restaurant are $143,000 per month when the restaurant serves meals up to 13,800 guests in that month. If the restaurant were to serve more than 13,800 guests in any given month, it would need to hire two additional servers and two additional kitchen staff for an additional food cost of $21,000 per month. The variable cost of food is $17 per guest Read the resultaments There is a difference in the two contestimates because the average cost per quest as volume changes, due to the of the buffet's costs. The foxed cost per un - volume decreases, while the varinble cost per unit Requirement 4. What is the restaurante con equation for estimating costs if the number of guests to be served is more than 3,000 guests per month? Requirements. If the restaurant were to serve 16,800 guests in July, what would be the estimated total cont? (Use the con equation from Requirement 4) the restaurant were to serve 15,300 guestsy, the estimated to al conting the contention from Requirement would be Enter any number in the cold and then continue to the next