Question: 4.22 Targeted The variable cost per gift basket is $2, fixed costs are $5000 per month and the selling price of a basket is $7.
4.22 Targeted The variable cost per gift basket is $2, fixed costs are $5000 per month and the selling price of a basket is $7. How many baskets must be produced and sold in a month to earn a pre-tax profit of $1000? (b) The Community Clinic (a not-for-profit medical clinic) received a lump-sum grant from the City of Sydney of $460 000 this year. The fixed costs of the clinic are expected to be $236 000. The average variable cost per patient visit is expected to be $7.64 and the average fee collected per patient visit is $4.64. What is the breakeven volume in patient visits
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