Using the tab entitled "Scenario 2 " work the following problems. You are the manager of a lab facility and United Health has offered you a contract. Develop the P\&L statement for the following assumptions between 0 and 55,000 procedures in increments of 2,500 : - Blue Cross is offering you a contract that will pay you a flat fee of $2,750,000 across all ranges of volume - Supply costs are $42.50 per procedure. - You incur a hazardous disposal fee of $2.50 per procedure. - Fixed costs are $1,200,000. - You will need to hire an additional salaried employee with volumes of 35,000 or more at an annual cost of $47,000. 11. What is the average cost per test with a volume of 10,000 tests? 12. What are the total revenues you could expect to have with a volume of 30,000 tests? 13. What are the total fixed costs at a volume of 55,000 tests? 14. What are the total variable costs you would have with a volume of 55,000 tests? 15. What are the total costs that you would expect to have with a volume of 40,000 tests? 16. What is the expected profit or (loss) at a volume of 30,000 tests? Using the tab entitled "Scenario 2 " work the following problems. You are the manager of a lab facility and United Health has offered you a contract. Develop the P\&L statement for the following assumptions between 0 and 55,000 procedures in increments of 2,500 : - Blue Cross is offering you a contract that will pay you a flat fee of $2,750,000 across all ranges of volume - Supply costs are $42.50 per procedure. - You incur a hazardous disposal fee of $2.50 per procedure. - Fixed costs are $1,200,000. - You will need to hire an additional salaried employee with volumes of 35,000 or more at an annual cost of $47,000. 11. What is the average cost per test with a volume of 10,000 tests? 12. What are the total revenues you could expect to have with a volume of 30,000 tests? 13. What are the total fixed costs at a volume of 55,000 tests? 14. What are the total variable costs you would have with a volume of 55,000 tests? 15. What are the total costs that you would expect to have with a volume of 40,000 tests? 16. What is the expected profit or (loss) at a volume of 30,000 tests