Question: Question 1 1 pts Assume that a radiologist group practice has the following cost structure: Fixed costs $515,813 $21 Variable cost per procedure Charge (revenue)
Question 1 1 pts Assume that a radiologist group practice has the following cost structure: Fixed costs $515,813 $21 Variable cost per procedure Charge (revenue) per procedure $103 Furthermore, assume that the group expects to perform 7,096 procedures in the coming year. What volume is required to provide a pretax profit of $197,596? (Round your answer to 2 decimal places. For example, 12.3456 should be entered as 12.35. REMINDER: quantities are always rounded UP. Canvas does not have this capability.)
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