In: Finance
Assume the following: - Pediatrics exam, total fixed = $36,000, variable cost per visit = $8, total projected visits = 5,000 - Geriatrics exam, total fixed = $50,000, variable cost per visit = $5, total projected visits = 3,000 - Adult physical, total fixed = $44,000, variable cost per visit = $6, total projected visits = 5,000 A) What should the fee schedule be for each service to break even? iv. Pediatrics = ________________________ v. Geriatrics = ________________________ vi. Adult = ____________________ b) What should the fee schedule be for each to achieve $8,000 in revenue? i. Pediatrics = _______________________ ii. Geriatrics = _______________________ iii. Adult =___________________________
All fee are rounded to 2 decimals as nothing was mentioned. Any change needed, let me know. Thank you