1 CHAPTER 7: SERVICE LINE COSTING AND PRICING 2 Homework Problem 3.1 3 4 5 6 7 8 16 17 18 19 Your hospital is considerin
Posted: Wed Jul 06, 2022 6:41 pm
1 CHAPTER 7: SERVICE LINE COSTING AND PRICING 2 Homework Problem 3.1 3 4 5 6 7 8 16 17 18 19 Your hospital is considering offering a new outpatient service. Using the following data, answer the questions below. 9 10 11 12 13 14 a. What is the breakeven price? 15 RELEVANT DATA: Variable cost per visit Annual direct fixed costs Annual overhead allocation Expected utilization (visits) 23 24 25 $10 $675,000 $50,000 12,000 20 21 b. What price is needed to earn a profit of $100,000? 22