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What is the product margin for location #2? Group of answer choices $(6,350) $9,650 $27,650 $33,650 Carlos Soriano owns three therapy centers. Using information from
What is the product margin for location #2?
Group of answer choices
$(6,350)
$9,650
$27,650
$33,650
Carlos Soriano owns three therapy centers. Using information from the previous month (which he believes to be indicative of an average month), Mr. Soriano constructed the following table in order to examine their financial performance. Payor #1 #2 #3 Reimbursement / Visit Private Insurance 20 80 50 $300 Medicare 15 30 30 $175 Medicaid 75 40 35 $110 Total Monthly Volume (110 150 115 Variable Cost / MRI ($35) ($40) ($50) Avoidable Fixed Cost ($15,000) ($18,000) ($16,000) Overhead Costs |($15,000) |($16,000) |($10,000)Step by Step Solution
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