subject
Business, 13.04.2021 02:00 WATBOI01

You are considering starting a walk-in clinic. Your financial projections for the first year of operations are below. Revenue and variable costs are based on the projected number of visits. Medical and administrative supplies are variable costs; all other costs are fixed costs. Medical and administrative supplies are variable costs; all other costs are fixed costs. Projected Visits 15,000
Revenues $750,000
Wages & benefits 300,000
Rent 15,000
Depreciation 40,000
Utilities 7,500
Medical supplies 65,000
Administrative supplies 12,000

Required:
a. What is the total contribution margin?
b. What is the contribution margin rate (rounded to the nearest dollar)?
c. What is the clinic's breakeven point?
d. What is the economic breakeven for a profit of $100,000?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:20
Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?
Answers: 2
question
Business, 22.06.2019 15:10
Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4
Answers: 2
question
Business, 23.06.2019 00:20
According to the naeyc curriculum is effective when all of the following occur except
Answers: 2
question
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
You know the right answer?
You are considering starting a walk-in clinic. Your financial projections for the first year of oper...
Questions
question
Mathematics, 28.06.2019 13:00
Questions on the website: 13722366