Answer Happy

X + 3197/assignments/340114?submitted=2 1. Calculate the number of Tuesdays and Thursdays in the two month periods. 2. Determine how many hours each Tuesday and Thursday you will be open for sports physical exams. 3. Look on the intemet to find the wage rates for. MA, PA, and MD. 4. Multiply the wage rate by the number of total hours the MA and PA will perform exams. 5. Since each exam takes 20 minutes, divide 60 minutes by 20 minutes to determine how many total exams you can do in the two months (# of exams per hour X number of total hours in #2 above). 6. Remember that it only takes the MD 5 minutes to review each exam, so multiply the total number of exams in # 5 above X 5 mins and divide by 60. This will give you the total number of hours for the MD and then multiply the wage rate for MD times the number of hours. 7. Add the total wages of the 2 MAs and 1 PA and MD - then add 30% for fringe = total labor. 8. Multiply total labor times . 10 for overhead and times.2 for consumable supplies. 9. Add total labor, overhead, and supplies to give you total cost. 10. Divide total cost by # of exams to give you a cost per exam. 11. Multiply #exams by .70 to give you the number of exams you can do conservatively. 12. Multiply cost per exam times 25 to give you price per exam. 13. Multiply # of exams in #11 time price. This gives you total revenue.