The Cobb Clinic treats walk-in patients for various illnesses. The management accountant has estimated that the...
The Cobb Clinic treats walk-in patients for various illnesses. The management accountant has estimated that the clinic has $2,360 in monthly fixed costs in addition to a $12 cost per patient visit. If the charge is $20 per visit, how many visits per month does the clinic need to break even?
Homework Answers
Contribution margin=Revenue-Variable cost
=20-12
=$8 per patient visit
Breakeven=Fixed cost/Contribution margin
=(2,360/8)
=295 visits.
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The Cobb Clinic treats walk-in patients for various illnesses.
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