Reference no: EM133102430
Problem #1 (Operating Budget)
Campbell Outpatient Surgery Center (COSC) is developing an operating budget for the month ending June 30, 2021. COSC expects to perform 90 surgical procedures during the month. COSC's average charge (price) per surgical procedure is $2,700. The cost of disposable surgical supplies is $350 per surgical procedure. COSC also contracts with orthopedic surgeons at a fee of $1,750 per surgical procedure. The monthly salaries for MOSC's receptionist, bookkeeper, and two surgical nurses total $11,500. MOSC's occupancy costs, which include space rental, insurance, and all utilities, are $8,600 per month. Average monthly communication costs are $1,400. Office and operating room equipment was installed at a cost of $270,000. The equipment is expected to have a 5-year life and has no salvage value. Prepare COSC's operating budget for the month of June 20X1.
Problem #2 (Break-Even Analysis)
San Ramon Health Department's Dental Clinic projects the following costs and rates for year 20X1:
Total Fixed Costs: $ 360,000
Variable Costs: $ 90 per patient
Charges $ 340 per patient
A. Using this information, determine the break-even point in patients.
B. Using this information, determine the break-even point in dollars.
C. If the clinic decides to make a profit of $24,000, determine the break-even point in patients.
D. If the clinic decides to make a profit of $24,000, determine the break-even point in dollars.
E. Refer to the original data, determine the break-even point in patients, if the fixed costs are increased to $390,000, the variable costs are increased to $100 per patient and the charges are increased to $360 per patient. What is the impact on the break-even point with the changes in the Sales Price, Variable Costs and Fixed Costs.
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