Question: Using the same graph (in BOLD) for all question please answer and show work for the following Review the walk-in data presented below. Taxes are

Using the same graph (in BOLD) for all question please answer and show work for the following

Review the walk-in data presented below. Taxes are assumed to be 30%.

Revenues (10,000 visits) 500,000 $

Wages and benefits 210,000 $

Rent 5,000 $

Depreciation 32,000 $

Utilities 2,500 $

Medical supplies 50,000 $

Administrative supplies 20,000

1. Construct a projected P&L statements at volume levels of 10,000 units. What would be the total fixed costs for a volume of 10,000 units?

Choice: $189,000

Choice: $249,500

Choice: $257,500

Choice: $275,500

2.Construct a projected P&L statements at volume levels of 11,000 units. What is the taxable income for a volume of 11,000 units?

Choice: $180,500

Choice: $100,000

Choice: $116,500

Choice: $223,500

3. Construct a projected P&L statements at volume levels of 12,000 units. What is the profit for a volume of 12,000 units?

Choice: $105,350

Choice: $135,000

Choice: $186,550

Choice: $211,800

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!