Chelsea Clinics PROJECTED budget information for 2020 is listed below. Please use this information to answer the questions below.

Chelsea Clinic
Total FFS Visit Volume		90,000	visits
Payer Mix:
	Blue Cross	40%
	Highmark	60%
Reimbursment Rates
	Blue Cross	$25	per visit
	Highmark	$20	per visit
Variable Costs
Resource Inputs
	Labor	48,000	total hours
	Supplies	100,000	total units
Resource Input Prices
	Labor	$ 25.00	per hour
	Supplies	$ 1.50	per unit
Fixed Costs (overhead, plant and equipment)		$ 500,000.00

1a. Based on the projected budget information, calculate the Blue Cross total number of patient visits.

Choice: 10,000 visits

Choice: 30,000 visits

Choice: 36,000 visits

Choice: 40,000 visits

1b. Based on the projected budget information, calculate estimated revenue from Highmark.

Choice: $1,080,000

Choice: $980,000

Choice: $2,000,000

Choice: $1,540,000

1c. Based on the projected budget information, calculate the total variable costs.

Choice: $1,500,000

Choice: $2,890,000

Choice: $1,350,000

Choice: $987,000

1d. Based on the projected budget information, calculate the total variable costs per visit.

Choice: $10.00 per visit

Choice: $15.00 per visit

Choice: $25.00 per visit

Choice: $1,000,000,000 per visit

1e. Based on the projected budget information calculate the total budgeted costs.

Choice: $1,850,000

Choice: $1,455,000

Choice: $2,200,400

Choice: $1,000,000

1f. Based on the projected budget information, calculate the contribution margin.

Choice: $550,000

Choice: $630,000

Choice: $874,000

Choice: $1,000,000

1g. Based on the projected budget information, calculate the budgeted profit.

Choice: $98,000

Choice: $117,000

Choice: $130,000

Choice: $158,000