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From a hospital simple budget, the expected number of visits is 1,000 reimbursement per visit $10 variable costs are $3,000 fixed costs are $6,500 Write

From a hospital simple budget, the expected number of visits is 1,000 reimbursement per visit $10 variable costs are $3,000 fixed costs are $6,500 Write down P&L statements of the simple budget and the flexible budget given that the number of visits in the actual budget is 1,200.

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