What is contribution to profit at this number of patients

Assignment Help Operation Management

Reference no: EM132209896

Med-First is a medical facility that offers outpatient medical services. The facility is considering offering an additional service, mammography screening tests, on-site. The facility estimates the annual fixed cost of the equipment and skills necessary for the service to be $117,000. Variable costs for each patient processed are estimated at $36 per patient.

1. If the clinic plans to charge $57 for each screening test, how many patients must it process a year in order to break even? patients

2. Med-First estimates that the maximum number of patients it could serve in a year is 6400. What is the contribution to profit at this number of patients? $

Reference no: EM132209896

Questions Cloud

How did you leverage feedback from your peers : What competencies were you able to develop in researching and writing the Comprehensive Project due in Unit 5? How did you leverage feedback from your peers.

Finding alternative ways to recycle waste products and scrap : What ethical responsibility do companies have for finding alternative ways to recycle waste products and scrap? A

Analyze each planned capital expenditure : The Genesis Energy operations management team, nearing completion of its agreement with Sensible Essential Consulting, was asked by senior management.

Discuss how the organization keeps its members informed : Discuss how the organization keeps its members informed of health care changes and changes to practice that affect the specialty area

What is contribution to profit at this number of patients : Med-First estimates that the maximum number of patients it could serve in a year is 6400. What is the contribution to profit at this number of patients?

How compensation and working conditions may vary : How compensation, benefits, and working conditions may vary. Identify current legislation impacting unions and where you see them going in the future.

How well is the company doing as an investment : Questions for General Motors 10K- December 31, 2017. How well is the company doing as an investment? Are profits high enough, given the level of sales

Create a new hire acceptance letter : You are the Hiring Manager for a company who has selected a candidate for its open Maintenance Technician/Janitor position.

Does the chosen business provide a service or product : What are the responsibilities and expertise of each manager? What role will they play in managing personnel and resources?

User Account

All Pages