Question: P2-46A Calculate the total and average costs (Learning Objective 7) The owner of Marshall Restaurant is disappointed because the restaurant has been averaging 7,500 pizza
P2-46A Calculate the total and average costs (Learning Objective 7) The owner of Marshall Restaurant is disappointed because the restaurant has been averaging 7,500 pizza 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 owner wants cost information about different volumes so that some operating decisions can be made. Requirements 1. Fill in the following chart to provide the owner with the cost information. Then use the completed chart to help you answer the remaining questions Monthly pizza volume 5.000 7.500 10.000 Total fixed costs Total variable costs Total costs Foxed cost per pizza Variable cost per puza
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