Question
Using the same graph (in BOLD) for all question please answer and show work for the following Review the walk-in data presented below. Taxes are
Using the same graph (in BOLD) for all question please answer and show work for the following
Review the walk-in data presented below. Taxes are assumed to be 30%.
Revenues (10,000 visits) 500,000 $
Wages and benefits 210,000 $
Rent 5,000 $
Depreciation 32,000 $
Utilities 2,500 $
Medical supplies 50,000 $
Administrative supplies 20,000
1. Construct a projected P&L statements at volume levels of 10,000 units. What would be the total fixed costs for a volume of 10,000 units?
Choice: $189,000
Choice: $249,500
Choice: $257,500
Choice: $275,500
2.Construct a projected P&L statements at volume levels of 11,000 units. What is the taxable income for a volume of 11,000 units?
Choice: $180,500
Choice: $100,000
Choice: $116,500
Choice: $223,500
3. Construct a projected P&L statements at volume levels of 12,000 units. What is the profit for a volume of 12,000 units?
Choice: $105,350
Choice: $135,000
Choice: $186,550
Choice: $211,800
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started