Question 2 25 Points Community Clinic Contribution Approach Income Statement Per Unit 900 Patients Medicaid Revenues $ 75,00 $ 67,500.00 Less: Variable Costs Medical Supplies $ 60.00 $ 54,000.00 Utilities $ 7.50 $ 6.750.00 Contribution Margin BLANK-1 $ 6,750.00 Less: Fixed Costs: Rent $ 4.00 $ 3,600.00 Utilities $ 0.88 $ 800.00 Net Income $ 2,350.00 I 1. What is the breakeven number of patients in a month? BLANK-2 2. How many patients would be required to achieve a target net income of $3,000? BLANK-3 BLANK-1 Add your answer BLANK-2 Add your answer BLANK-3 Add your answer Operating Leverage Example With $600,000 sales, what is the Operating Leverage for ABC Company? BLANK-1 With $600,000 sales, what is the Operating Leverage for XYZ Company? BLANK-2 With $1,000,000 Sales ABC Company - Cost of goods sold BLANK-3 Sales taxes BLANK-4 Sales commissions BLANK-5 Contribution Margin BLANK-6 Net Income BLANK-7 With $1,000,000 Sales XYZ Company Cost of goods sold BLANK-8 Sales taxes BLANK-9 Sales commissions BLANK-10 Contribution Margin BLANK-11 Net Income BLANK-12 Which company showed the greatest impact from the increase in sales? BLANK-13 BLANK-1 Add your answer BLANK-2 Add your answer BLANK-3 Add your answer BLANK-4 Add your answer BLANK-5 Add your