Finance Assignment | Professional Writing
June 10th, 2020
Assume that a radiology practice has the following cost structure:
Fixed Costs = $650,000 Variable cost per procedure = $20
Furthermore, assume that the group expects to perform 12,500 procedures in the coming year.
- What is the group’s underlying cost structure? (1 point)
- What is the group’s total variable costs? (1 point)
- What is the group’s expected total costs? (2 points)
- What is the group’s average cost per procedure? (1 point)
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