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Suppose a clinical laboratory has fixed costs of $600,000, a variable cost rate of $25, and average per-test revenue of $60. What is the contribution
Suppose a clinical laboratory has fixed costs of $600,000, a variable cost rate of $25, and average per-test revenue of $60.
What is the contribution margin?
What is the breakeven volume (number of tests)?
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Financial Accounting A Critical Approach
Authors: John Friedlan
3rd Edition
0070967601, 978-0070967601
