what role does the contribution margin have? Disregarding that, we'd have
C*A = (B+E)*C+F
Not sure which side of the equation D goes on.
Left = revenue
Right = cost
I really need help with this question please
Break-even equation. Fill in the blank. The following table contains selected data concerning several outpatient clinics in the new Ambulatory Care Center at Hope University Hospital. Fill in the missing information.
A. PRICE PER VISIT: $85, $70, blank $65
B. VARIABLE COST/VISIT: blank $20, $35, $40
C. NUMBER OF VISITS: 3,000, blank 3,250, 2,000
D. CONTRIBUTION MARGIN: $180,000, $130,000 blank blank
E. FIXED COSTS: blank $90,000 $78,000, $60,000
F. NET INCOME: $80,000 blank $117,000 blank
1 answer
1 answer