Question
Chronic Chiropractic offers 1 service: spinal manipulations to ease back and body discomfort, reduce stress and improve overall well-being. Chronic Chiropractic has 2 groups of
Chronic Chiropractic offers 1 service: spinal manipulations to ease back and body discomfort, reduce stress and improve overall well-being.
Chronic Chiropractic has 2 groups of patients: standard patients who pay $100 per treatment session and Golden Back Club members who are frequent customers and pay $85 per session. The owner of Chronic Chiropractic expects to perform 1000 sessions for standard patients and 200 Golden Back member sessions in the next year.
Chronic Chiropractics costs are labor which are $30 per session, supplies which are $5 per session and Overhead which is $45 per session. Assume that Chronic Chiropractic is not for profit, so taxes are not a concern.
1. What is Chronic Chiropractics projected total sales volume for next year?
2. What are Chronic Chiropractics projected revenues for next year?
3. What are Chronic Chiropractics projected expenses for next year?
4. What is Chronic Chiropractics projected P & L statement for next year?
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