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The owner of Queens Restaurant is disappointed because the restaurant has been averaging 6,000 pizza sales per month, but the restaurant and wait staff can make and serve 7,500 pizza per month. The variable cost (for example, ingredients) of each pizza is $1.40. Monthly fixed costs (for example, depreciation, property taxios, business license, and manager's salary) are 59,000 per month. The owner wants cost information about different volumes so that some operating decisions can be made. (Click the icon to view the chart for Requirement 1.) Read the teguirements. Requirement 1. Use the chart below to provide the owner with the cost information, Then use the completed chart to help you answer the remaining questions. (Enter total variable costs to noarest dollat. Enter costs per pizza, peice per pizza, and profit per pizza to the nearest cent.) Requirement 2. From a cost standpoint, why do companies such as Quoens Restaurant want to operate near or at full capacily? Requirement 3. The owner has been considering ways to increase the sales volume. The owner thinks that 7,500 pizzas could be sold per month by cutting the soling price pet pizza from 56.25 to $5.75. How much extra profit (above the current level) would be generated if the seling price were to be decreased? (Hint: Find the restaurant's current manithly proff and cormpare it the restaurant's projected monthly profit at the new sales price and volume.) Data table

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