You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows:
Revenues (10,000 visits) $400,000
Wages and benefits 220,000
Rent 5,000
Depreciation 30,000
Utilities 2,500
Medical supplies 50,000 .
Assume that all costs are fixed, except supply costs, which are variable.
1. For problem 5.6, what are total revenues for a volume of 8,000 units?
2. For problem 5.6, what are variable costs for a volume of 9,000 units?
3. For problem 5.6, what are fixed costs for a volume of 10,000 units?
4. For problem 5.6, what is taxable income for a volume of 11,000 units?
5. For problem 5.6, what is profit for a volume of 12,000 units?