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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:

Revenue per lab test $ 115

Equipment lease per month per machine $12,000

Technologist cost per test $ 48

Variable cost per test $ 27

The Center has 1 machine and 1 technologist

1. Calculate the patient volume needed per month to cover monthly fixed and variable costs (breakeven).

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92697492

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