As administrative director of the laboratory you have been asked to see if it is...

70.2K

Verified Solution

Question

Accounting

As administrative director of the laboratory you have been asked to see if it is feasible to add more staff to support laboratory serrvices. You have gathered the following information.

-The center has 1 machine and 1 technologist.

-Equipment lease per month per machine $12,000

-Revenue per lab test $115

-Technologist cost per test $48

- Variable cost per test $27

Calculate the patient volume needed per month to cover monthly fixed and variable costs (breakeven).

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students