Question
18. Assume that a radiology group practice has the following cost structure: Fixed costs: $500,000 Variable costs per procedure: $25 Charge (revenue) per procedure: $100
18. Assume that a radiology group practice has the following cost structure: Fixed costs: $500,000 Variable costs per procedure: $25 Charge (revenue) per procedure: $100
Assume that the group expects to perform 7,500 procedures in the coming year.
What is the group's contribution margin? What is the breakeven point?
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Fundamentals Of Accounting
Authors: Claudia Gilbertson
10th Edition
1111581169, 978-1111581169
