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MeGarrett
Aug 12, 2010, 02:03 PM
Assume that the managers of a hospital are setting the price on a new outpatient service. Here are relevant that estimates:

Variable cost per visit $5.00
Annual direct fixed costs $500,000
Annual over head allocation $50,000
Expected annual utilization 10,000 visits

What per visit price must be set for the service to break even? To earn an annual profit of $100,000?

J_9
Aug 12, 2010, 02:10 PM
I'm sorry, but we do not do homework here.

bleusong52
Aug 17, 2010, 03:52 PM
Figure it out - you are only charging $5.00 per visit and yet you must collect at least $550,000.00 a year to meet your costs. You do the math.

MeGarrett
Aug 19, 2010, 12:10 AM
For a not-for-profit clinic financial statement, how would I figure out the total revenues if the total expences are $330,000 and at the end of the year the assets were $110,000, liabilities were 55,000 and equity was 45,000?

I need to know the total revenues of this question.

J_9
Aug 19, 2010, 12:18 AM
What do you THINK the revenues are? Remember, we are only here to help you, not give you the answer.