Calculate the patient volume needed per month

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Reference no: EM131869148

As administrative director of the Laboratory you have been asked to see if it is feasible to add more staff to support Laboratory services. You have gathered the following information:

Revenue per lab test $ 115

Equipment lease per month per machine $12,000

Technologist cost per test $ 48

Variable cost per test $ 27

The Center has 1 machine and 1 technologist

1. Calculate the patient volume needed per month if the Lab Center desires to cover its fixed and variable expense and make a profit of $2,500.

Reference no: EM131869148

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