Question
1.Wakehurst Walk-In Clinic (WWIC) currently provides 1,000 visits per year at a price of $50 per visit. The variable cost per visit (variable cost rate)
1.Wakehurst Walk-In Clinic (WWIC) currently provides 1,000 visits per year at a price of $50 per visit. The variable cost per visit (variable cost rate) is $30 and total fixed costs are $15,000. A business consultant recommends WWIC increase visits to 1,200 per year by reducing the price per visit by $5 and increasing the fixed advertising budget by $5,000.
a.Construct the base case projected Profit & Loss statement.
b.Construct the Profit & Loss Statement incorporating the changes proposed by the consultant.
c.How much more visit volume does WWIC need to breakeven with the proposed changes?
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MATLAB An Introduction With Applications
Authors: Amos Gilat
6th Edition
111938513X, 978-1119385134
