Answered step by step
Verified Expert Solution
Question
1 Approved Answer
As administrative director of the laboratory you have been asked to see if it is feasible to add more staff to support laboratory serrvices. You
As administrative director of the laboratory you have been asked to see if it is feasible to add more staff to support laboratory serrvices. You have gathered the following information.
-The center has 1 machine and 1 technologist.
-Equipment lease per month per machine $12,000
-Revenue per lab test $115
-Technologist cost per test $48
- Variable cost per test $27
If revenue per lab test decreases to $100 what is the patient volume needed to breakeven (no profit).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started