Problem 1 Assume that a radiologist group practice has the following cost structure: Fixed CVS Variable cost per procedure Charge (revenue par precedure $500.000 $25 $100 Furthermore, assume that the group expects to perform 7,500 procedures in the coming year. a. Construct the group's burtie care projected statement. (Seenhibit S-4]. Hint complete the following table Total revenues s Total variable costs Total contribution margin Freed costs Profit b. What is the group's contribution margin? What is the group's breakeven point in volume? d. What volume is required to provide a pretax profit of $100,000? e. Sketch out a CVP analysis graph depicting the base case situation See Exhibit 5-1 (Hint: using data frampart a labowel populate the following table. Produce the sketch using Excel. When done copy/paste the sketch below the table Volume Revenue Fixed Costs Total Costs 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 6,500 7,000 7,500 8,000