Question
Revenue: $1,210,000 Less: variable cost $205,000 Contribution margin $1,005,000 Less Fixed expense $1,100,000 $-95,000 using the above information The Profit-Volume (PV) Ratio is also known
Revenue: $1,210,000
Less: variable cost $205,000
Contribution margin $1,005,000
Less Fixed expense $1,100,000
$-95,000
using the above information The Profit-Volume (PV) Ratio is also known as the Contribution Margin (CM) Ratio. Use the same assumptions for the Community Center Mental Health Program as above information. Use the same assumptions for the Greenside Clinic. One more assumption will be added: the Clinic had 35,000 visits. In addition to the contribution margin figures already computed, now compute the PV Ratio (also known as CM Ratio). Add another column to your worksheet and compute the clinics per-visit revenue and costs.
I can't figure out where/how to get the visits to work out.
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