Question: Dr. Charles Davis, MD, performs a certain outpatient procedure for $1,000. His fixed costs are $20,000, while his variable costs are $500 per procedure. Dr.

Dr. Charles Davis, MD, performs a certain outpatient procedure for $1,000. His fixed costs are $20,000, while his variable costs are $500 per procedure. Dr. Davis currently plans to perform 200 procedures this month. What is the breakeven point for the month assuming that Dr. Davis plans to perform the procedure 200 times?

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