Question: PLEASE ANSWER QUICKLY! Thank you! Given the following information, what must your price per procedure be in order to achieve a 50% profit margin? Variable

PLEASE ANSWER QUICKLY! Thank you!

Given the following information, what must your "price per procedure" be in order to achieve a 50% profit margin? Variable cost per procedure - $15 Fixed Costs - $20,000 Overhead Allocation - $5,000 Expected procedure volume - 5,000

Question 4 options:

	$150,000
	$22
	$30
	$17

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