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Assume that Randal Clinic has fixed costs of $500,000 and a variable cost (per visit) rate of $20. What is the total cost forecast for

Assume that Randal Clinic has fixed costs of $500,000 and a variable cost (per visit) rate of $20. What is the total cost forecast for a volume of 5,000 patient visits?

a.

$400,000

b.

$500,000

c.

$600,000

d.

$700,000

e.

$800,000

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