Question: Question #2 (15 Points): A local dental clinic has committed to place a purchase order of braces according to the following schedule (at the end

Question #2 (15 Points): A local dental clinic has committed to place a purchase order of braces according to the following schedule (at the end of each month) at a price of $180/set. The average labor rate with benefits for production is $50/hour. Estimate the missing recurring labor costs and revenue. Month Purchase Production time (hrs) Labor Costs, Revenue, Net Recurring Order $50/hr $180/set Benefits (# of sets) (Revenue-Labor costs) 1 10 2 15 30 $1500 $2700 $1200 3 20 40 $2000 $3600 $1600 25 50 $2500 $4500 $2000 5 30 50 $3000 $5400 $2400 6 35 70 $3500 $6300 $2800 7 40 80 $4000 $7200 $3200 45 90 $4500 $8100 $3600 9 50 100 $5000 $9000 $4000 10 55 110 $5500 $9900 $4400 11 60 120 $6000 $10800 54800 12 35 130 $6500 $11700 $5200
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
