Balance annual costs and annual revenues explain

Assignment Help Business Management

Reference no: EM13894976

As of January 1, 2009 UND Family Health Service Center had 8 employees with a total annual salary budget of $400,000. The annual maintenance cost was estimated at $80,000. Based on 2008 data, the monthly patient service in 2009 was forecasted to be 180 patients per month. For each new patient serviced, the average variable cost incurred (e.g. paperwork, treatment materials, equipment depreciation, utility consumption) was estimated at $10, and average revenue per patient was projected to be $230.

Question: Based on the above information, do you think the center manager can balance annual costs and annual revenues? Explain. What would you suggest to the manager?

Reference no: EM13894976

Questions Cloud

How will diuretics help to treat the ascites : Mr. Cage is brought to the hospital after collapsing in public. He is diagnosed with alcoholic hepatitis. He is put on a salt and protein-restricted diet and prescribed diuretics due to his ascites. What is ascites? How will diuretics help to trea..

Discuss the split-labor market theory : Discuss the split-labor market theory in regard to the exploitation of minorities.ANDExplain how a negative self image can derive from prejudice and discrimination

Explain the occurrence of birth defects in children : How can you explain the occurrence of birth defects (caused by altered genes) in children and grandchildren of WW2 atomic bomb victims in those cases where the victims themselves were only mildly affected?

What is the most dangerous thing about a college education? : what is the most dangerous thing about a college education?

Balance annual costs and annual revenues explain : As of January 1, 2009 UND Family Health Service Center had 8 employees with a total annual salary budget of $400,000. The annual maintenance cost was estimated at $80,000. Based on 2008 data, the monthly patient service in 2009 was forecasted to be 1..

Describe some of positive uses of artificial erythropoietin : Describe some of the positive and negative uses of artificial erythropoietin (EPO) in medicine and in sports. What do you think about the current rules which ban EPO use by Olympic athletes? You may start your discussion by describing the source a..

Calculate the ratios for the two years : From the above data, prepare a Statement of Financial Performance for 2014 and 2015 - From the companys financial statements, calculate the ratios for the two years - Return on Assets ratio

Why historians called the middle ages : One of the reasons why historians called the middle ages, the dark age because it ended the great Roman Civilization. During that period the barbarians such as Huns, Goths, and vandals had destroyed the Roman Empire. They had destroyed many of the..

Evaluate why the strategies selected are viable : Section IV: Sustaining Change: Research methods of sustaining change in organizations and create a plan for sustaining proposed change.Recommend two (2) strategies for sustaining change:Diagnose the two (2) theories from a scholarly perspective Evalu..

User Account

All Pages