Based on the expense information below how do I figure out the break even, total fixed costs, total income for each procedure, variable costs dependent upon volume?

The organization is purchasing a robotic surgical machine for the operating room. Listed below is a list of related expenses. Calculate the break-even, total fixed costs, total income for each procedure, variable costs dependent upon volume? How many procedures must be done before the purchase returns a profit?

The assignment provided the total cost but also provided the yearly for both equipment and maintenance, if you chose to use the full cost you have to take all 5 years of maintenance into consideration for the calculation, as well.

Cost $2,000,000.00 ($400,00 fixed costs)

Annual Maintenance $15,000.00

Insurance Reimbursement $5,000.00 ave per procedure

Patient Co-pay $750.00

Patient Supplies per price $350.00 "Selling" Prices

Staffing cost per procedure $275.00

Answer rating: 100% (QA)

1 Breakeven The breakeven point is the point at which the total income equals the total costs result... View the full answer