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5. Chelsea Clinic's projected budget information for 2018 is listed below. Total FFS Visit Volume 75,000 visits Payer Mix: Blue Cross 30% Highmark 70%

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5. Chelsea Clinic's projected budget information for 2018 is listed below. Total FFS Visit Volume 75,000 visits Payer Mix: Blue Cross 30% Highmark 70% Reimbursement Rates Blue Cross $35 per visit Highmark $20 per visit Variable Costs Resource Inputs Labor 48,000 total hours Module 6-Part 1 - Homework - Financial Planning and Budgeting Supplies Resource Input Prices Labor Supplies 65,000 total units $25.00 per hour $ 3.50 per unit Fixed Costs (overhead, plant and equipment) $500,000.00 Based on this information, calculate the total budgeted costs. Choice: $227,500 Choice: $500,000 Choice: $1,427,500 Choice: $1,927,500

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