What volume of patients per month

Assignment Help Financial Accounting
Reference no: EM132204084

  1. The North Kingstown Cancer Infusion expects tremendous growth over the next year and is projecting the following cost and rate structure for the service. Revenues are $750 per patient. Rent is $3600 per month; staff cost is $195,000 per month; leases are $10,000 per month; other fixed costs are $20,000 per month; pharmaceuticals are $500 per patient; intravenous supplies are $25 per patient; and other patient supplies are $25 per patient. Show your work.
  2. What volume of patients per month will it take for the center to break-even?
  3. If the center needs to make a profit of $75,000 per month, what is the new volume per month?

Reference no: EM132204084

Questions Cloud

Impact and implementation of e-commerce : What is the impact and implementation of E-commerce on federal government?
Impact and implementation of e-commerce : What is the impact and implementation of E-commerce on local government?
What are the primary drivers of information systems design : Key performance indicators: What are the primary drivers of information systems design?
Effect of family control on corporate performance : The objective of this work is to analyze whether family controlled companies are more profitable than non-family firms.
What volume of patients per month : If the center needs to make a profit of $75,000 per month, what is the new volume per month?
What amount of interest expense will be recorded : What amount of interest expense will be recorded on June 30, 2018, the first interest payment date?
Compute the loan payment under each option for year 1 : Compute the loan payment under each option for year 1. Which option should the company choose?
Purchase of inventory affect the current ratio : 1. How, if at all, will a $870,000 cash purchase of inventory affect the current ratio?
Straight-line method of depreciation : Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2013, is

Reviews

Write a Review

Financial Accounting Questions & Answers

  You are required to submit a feasibility report

HA2042 - Accounting Information Systems.

  Multiple product planning with taxes

Multiple Product Planning with Taxes Wiggins Processing Company had the contribution income statement

  Several rental houses and performs all management functions

Amanda owns several rental houses and performs all management functions. Amanda uses a handyman to perform maintenance and repairs. Her AGI for the year is $120,000. The rental house activity has a loss of $25,000 for the year. Amanda has no passive ..

  Income statement information for caroline

selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset turnover (AT) to the nearest hundredth of a percent

  Calculate current and non current assets

According to the IFRS for SMEs, calculate current and non-current assets, at 31 December 20X1.- Show the calculation for equities, at 31 December 20X1. Write the relevant equation.

  What is the depreciation charge for the first year

A machine was purchased for $30,000. Shipping charges were $600 and install was $400. It has a useful life of 8 years. At the end of 8 years it will require $900 of dismantling charges to be sold for $6,000. What is the depreciation charge for the fi..

  Compute the amount of direct labor cost assigned to each job

Compute the amount of direct labor cost assigned to each job. Summarize the labor time tickets and prepare a journal entry to record direct labor for the month:

  Investment oppportunities-take advantage of the higher yield

You have 2 investment oppportunities: one will have an 11% rate of return on an investment of $430, and the other will have a 14% rate of return on principal of $660. You would like to take advantage of the higher-yielding investment but have only $4..

  Designs and makes specialized gift quality

Rowe Pottery designs and makes specialized gift quality pottery in Wisconsin. Rowe is considering manufacturing its own clay. Currently, the cost to buy clay is $2.55 per pound. What is the return on assets if Rowe decides to make its own clay? Shoul..

  Schedule of cost of goods manufactured-mannerman fabrication

Mannerman Fabrication manufactures a variety of products in its factory. Data for the most recent month's operations

  Compute dividend payout ratio for common stockholders

Compute the following financial ratios for common stockholders for this year: Gross margin percentage, Earnings per share of common stock, Price-earnings ratio and Dividend payout ratio.

  Evaluate return on equity for the company

Evaluate Return on Equity for the company for the last three years using the DuPont analysis. How is the company financing its assets?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd