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Construct the projected pl statement

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Reference no: EM132637870

Assume that a radiologist group practice has the following cost structure: Fixed costs = $500,000

  • Variable cost per procedure = $25
  • Charge (revenue) per procedure $100

Assume that the group expects to perform 7,500 procedures in the coming year.

Construct the projected P&L statement:

Reference no: EM132637870

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