1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
borishaifa [10]
4 years ago
7

Oakwood Primary Care Clinic is considering a capitation arrangement with a managed care organization in which the clinic would p

rovide services to 1,500 members at $100 per member per month. Variable costs are projected at $200 per clinic visit, and fixed costs for the agreement are $800,000. What is the breakeven point in volume of clinic visits
Business
1 answer:
lutik1710 [3]4 years ago
6 0

Answer:

5000

Explanation:

Oakwood Primary Care Clinic is considering a capitation arrangement with a managed care organization in which the clinic would provide services to 1,500 members at $100 per member per month. Variable costs are projected at $200 per clinic visit, and fixed costs for the agreement are $800,000. Breakeven point in volume of clinic visits is 5000.

You might be interested in
You decide to quit your $60,000-per-year job as an information technology specialist and illustrate children's books. At the end
Lesechka [4]

Answer:

- $45000

Explanation:

Economic profit is different from accounting profit in the sense that former also takes into consideration the implicit costs, also referred to as opportunity costs unlike the latter.

Economic Profit = Accounting profit - Opportunity Costs

Opportunity costs are defined as the the cost of sacrificed or foregone alternative for pursuing a particular alternative. Such costs are implicit or notional as they are not actually incurred.

In the given case, Economic Profit = Revenues - Explicit costs - Implicit costs

Here, the implicit cost is $60,000 income foregone.

Thus, Economic Profit = $20,000(income) - $ 5000 (expense) - $60,000 (opportunity cost)

Economic Profit = ($ 45,000) or -$45,000.

7 0
4 years ago
Wall -to- wall records' April 1 inventory had a cost of $48,000 and a retail value of $70,000. During April, net purchases cost
algol13

Answer:

<u>The correct answer is that the cost of the ending inventory using the retail inventory method is US$ 100,962</u>

Explanation:

Wall-to-Wall Records

                                        Cost          Retail

Beginning Inventory $ 48,000 $ 70,000

Purchases                     $ 210,000       $ 390,000

Cost of Goods Available for Sale $ 258,000 $ 460,000

Cost to Retail Ratio

= $ 258,000 ÷ $ 460,000

= 0.5609 = 56.09%

                                                    Cost            Retail

Cost of Goods Available for Sale $ 258,000   $ 460,000

− Sales                                                                 $ 280,000

Ending Inventory                                          $ 180,000

× Cost to Retail Ratio                                    0.5609

<u>Ending Inventory                           $ 100,962 </u>

5 0
4 years ago
Ariel is saving money to purchase a new computer before she leaves for college in two years. She wants to open a special account
Anna35 [415]

Answer:

b. Shop around for the depository institution with the highest interest rates for their savings accounts. She would be able to make regular savings deposits and earn interest while she is saving up for the computer.

Explanation:

Firstly, depository institutions are instiutions that are legally allowed to accept monetary deposits from customer. Examples savings bank, loan banks e.t.c

However, Ariel is better off depositing her money in a financial institution that will yield high interest for her and enable better save to purchase her dream computer.

3 0
4 years ago
The chapter notes that the rise in the U.S. trade deficit during the 1980s was due largely to the rise in the U.S. budget defici
Wewaii [24]

Answer

The answer and procedures of the exercise are attached in the following images.

Explanation  

Please consider the information provided by you in the exercise. If you have any question please write me back. Please take a look to the image attached.  

8 0
4 years ago
Which degree is commonly earned by those interested in a career in business?
bagirrra123 [75]

The answer is letter b, MBA or also known as master of business administration—this is the program that the student would likely taken when they are interested in the career of business as this program is responsible of teaching their students in the area of business.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Modern companies tend to deal with many different suppliers in order to avoid problems that can arise when one supplier is unabl
    14·1 answer
  • Werkley Inc. is a product manufacturing company. It relies on its suppliers for raw materials, on the labor market for its perso
    9·1 answer
  • Ricardo reprimanded five of his employees for coming to work drunk after a lunch outing. The next week, Ricardo fired another em
    14·1 answer
  • Which of the following best describes the practice of Internet price​ discrimination? A. Giving a product away​ free, but chargi
    8·1 answer
  • At the beginning of the period, the Grinding Department budgeted direct labor of $19,800 and property tax of $51,000 for 1,100 h
    5·1 answer
  • David and Eleanor are a young couple with two children, ages 2 and 3. David is in law school and currently has $80,000 in studen
    9·1 answer
  • Molly has generated general business credits over the years that have not been utilized. The amounts generated and not utilized
    10·1 answer
  • If a company's free cash flows are expected to grow at a constant rate of 5% a year, which of the following statements is CORREC
    9·1 answer
  • Suppose you are deciding whether you should go to college. If you go to college, you will pay $10,000 total in tuition, textbook
    12·1 answer
  • Suppose that the federal reserve decides to decrease the money supply with a $300 sale of treasury bills. Complete the tables th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!