for 2018, what is the projected operating profit given the following information for a doctors office? the
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Question:
for 2018, what is the projected operating profit given the following information for a doctors office?
the office is expecting 4,300 patient visits in 2019 and has estimated the cost function as follows:
y=$128,004 + $15.60x
where “y” is the total cost and “x” is number of visits. Budgets revenue is $57 per visit. This is a non profit entity and does not pay taxes.
1.) whats the operating profit for 2019?
2.) breakeven point, margin of safety in units and sales $?
please supply step by step instructions
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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