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assume that a radiology group practice has the following cost structure: fixed costs 500,00 variable cost per procedure $25 Furthermore, assume tat the group expects
assume that a radiology group practice has the following cost structure:
fixed costs 500,00 variable cost per procedure $25
Furthermore, assume tat the group expects to perform 7,500 procedures in coming years
a. what is the group uderlying cost structure?
b. what are the group expected total cost?
c. what are the group estimated total cost at 5,000 procedures? At 10,000 procedures?
d. What is the average cost per procedure at 5,000, 7,500, and 10,000 procedures?
Can someone aswer part d of this for me so I can see if I got the right answer?
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