Annual equivalent cost of the capital investment

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Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs swill increase fixed costs by $146,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $3,070 per year is additional revenue, with variable costs estimated at $980 per patient. The two new chairs will all Dr. Gulakowicz to expand her practice by as many as 215 patients annually. How many patients would have to be added for the new process to break even? The break-even volume is __ patients.

Reference no: EM131139670

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