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Problem:

A hospital is considering establishing a CT lung screen for current and former smokers.

Required:

Question: Calculate the breakeven price from the following information:

  • Quantity of scans during each non-holiday weekday=12
  • Fixed costs=$45,000
  • Average cost per unit=$150
  • Required profit=$30,000

Note: Explain the solution in detail.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91174285

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