End of Chapter Problems, Finance Basics

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The Audiology Department at Randall Clinic offers many services to the clinic''s patients. The three most common , along with cost and utilization data, are as follows: Service Variable cost per service Annual Direct Fixed cost Annual Number of Visits Basic Examination $5. $50,000 3,000 Advanced Examination 7 30,000 1,500 Therapy Session 10 40,000 500 b. What is the fee schedule for these services, assuming that the goal is to cover only variable and direct fixed cost?

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