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As administrative director of the laboratory you have been asked to see if it is feasible to add more staff to support laboratory services. You have gathered the following information.

-The center has 1 machine and 1 technologist.

-Equipment lease per month per machine $12,000

-Revenue per lab test $115

-Technologist cost per test $48

- Variable cost per test $27

Calculate the patient volume needed per month if the lab center desires to cover its fixed and variable expense and make a profit of $2500.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91548081

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