Assume that the manager of Fort Winston Hospital are setting the price on a new outpatient service. Here are relevant data estimates: – savvyessaywriters.net | Savvy Essay Writers
Assume that the manager of Fort Winston Hospital are setting the price on a new outpatient service. Here are relevant data estimates: – savvyessaywriters.net | Savvy Essay Writers
Savvy Essay Writers Business & Finance Assignment Help
Variable cost per visit $5.00Annual direct fixed costs $500,000Annual overhead allocation $50,000Expected annual utilization 10,000 visitsa. What per visit must be set for the service to break even? To earn an annual profit of $100,000?b. Repeat Part a, but assume that the variable cost per visit is $10.c. Return to the data given in the problem. Again repeat Part a, but assume that direct fixed costs are $1,000,000.d. Repeat Part a assuming both a $10 variable cost and $1,000,000 in direct fixed costs.Must be done on excel.
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