Please help, show work with calculations/formulas

2.2

CHAPTER 5: COST BEHAVIOR, COSTING, AND PROFIT ANALSSIS Homework Problem 2.2 A not-for-profit clinic has the financial projections for its first year of operations. Revenue and variable costs presented are annual amounts based en the projected number of visits. Medical and administrative supplies are variable costs; all other costs are fixed costs. Medical and administrative supplies are variable costs; all other costs are fixed costs. \begin{tabular}{lr|} \hline Projected Visits & 10,000 \\ \hline Revenues & 5400,000 \\ \hline Wages \& benefits & 220,000 \\ \hline Rent & 5,000 \\ \hline Depreciation & 30,000 \\ \hline Utilities & 2,500 \\ \hline Medical supplies & 50,000 \\ \hline Administrative supplies & 10,000 \end{tabular} a. Construct the clinic's projected P\&L Statement b. What is the total contribution margin? c. What is the eontribution margin (rounded to the ncarest dollar)? d. What is the breakeven volume? c. What is the economic breakeven for a profit of 5100,000