Hyde Park Clinic has the following cost structure: Fixed Costs= $900,000 They are expected to have 15,000 visits this year. When analyzing the clinic revenue you determine that each patient visit brings in, on average, $150.

Total costs = Fixed Costs + Variable costs Total costs = Fixed Costs + (variable costs x volume) Total Revenue - Variable Costs = Contribution Margin Operating Margin = Contribution Margin - Fixed Costs Show all numbers in the proper equation and answer. a

. What are the total costs for this clinic if they see the expected visit volume?

b. Calculate the Contribution margin

c. Is their a profit for this clinic? What is that $$ value?