Given the total output and cost over the last four quarters for the Jones Medical Practice, what
Fantastic news! We've Found the answer you've been seeking!
Question:
Given the total output and cost over the last four quarters for the Jones Medical Practice, what is the variable cost per patient?
Quarter | Patients | Cost |
First | 1150 | $140,000 |
Second | 1325 | 160,000 |
Third | 1200 | 145,000 |
Fourth | 1275 | 155,000 |
Total | 4950 | $600,000 |
Expert Answer:
To calculate the variable cost per patient we first need to determine the total variable cost and di... View the full answer
Related Book For 
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
