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Construct a projected p-l statement at volume levels

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Reference no: EM133126378

Question - Taxes are assumed to be 30%.

Projections for 1st Year of Operations

Revenues (10,000 visits) $ 500,000

Wages and benefits $ 220,000

Rent $ 5,000

Depreciation $ 30,000

Utilities $ 2,500

Medical supplies $ 60,000

Administrative supplies $ 10,000

P&L Statement

Revenues $500,000

VC

Medical Supplies $60,000

Admin. Supplies $10,000

Fixed Cost

Wages & Benefits $220,000

Rent $5,000

Depreciation $30,000

Utilites $2,500

Total Costs $327,500

Taxible Income $172,500

Taxes $51,750

Profit $120,750

1. Construct a projected P&L statement at volume levels of 7,000 units. What would be the total revenues for this projected volume of 7,000 units?

2. What would be the total variable cost for a volume of 6,000 units?

3. What would be the total fixed costs for a volume of 10,000 units, 13,000, and 15,000 units?

4. What is the taxable income for a volume of 13,000 units?

5 What is the profit for a volume of 22,000 units?

Reference no: EM133126378

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