Finance Assignment | Professional Writing
June 10th, 2020
Fixed costs $190,000
Variable cost per procedure $50
Volume 10,000 visits
Given the information above:
(1) What revenue per visit is required to break even? (2 points)
(2) What revenue per visit is required to provide a profit of $100,000? (2 points)
(3) Using the answer to question 2 above, find the contribution margin required to provide a profit of $100,000 (1 point)