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Assume that a radiologist group practice has the following cost structure: Fixed costs$500,000 Variable cost per procedure$25 Charge (revenue) per procedure$100 Assume the group expects

Assume that a radiologist group practice has the following cost structure:

Fixed costs$500,000

Variable cost per procedure$25

Charge (revenue) per procedure$100

Assume the group expects to perform 7500 imaging procedures in the coming year.

Using the table below, construct the group's base-case profit and loss statement in column A.

Category/Volume 7500 7500 ?

A B C

Total revenues ? ? ?

Total variable costs ? ? ?

Total contribution margin ? ? ?

Total fixed costs ? ? ?

Profit/(loss) ? ? ?

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