Question: please help solve A hospital is evaluating whether to outsource or perform in-house a large set of blood and urine laboratory tests. The foxed cost

please help solve
please help solve A hospital is evaluating
A hospital is evaluating whether to outsource or perform in-house a large set of blood and urine laboratory tests. The foxed cost of the laboratory located in the hospital is $300,000 and the weighted average variable cost per test if performed in-house is $28.25. A third-party is located one city block from the hospital will perform the same tests and distribute the results electronically to the hospital at a price of $35.25. If the annual volume last year was 270,000 tests, should the hospital outsource or make- In-house? Round your answers to the nearest dollar Total cost if done in-house: $ Total cost if outsourced: $ So, the company saves $ if it Select Oy

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