User Account

All Pages

break even analysis, Business Management

Assignment Help:
4.Laurie Vaden is a nurse practitioner with her own practice. She has developed contracts with several large employers to perform routine physical, fitness for duty exams, and initial screening of on-the-job injuries. She currently sees 150 per month, charging 450 per visit. Her total costs are $7,500, of which $1,500 is for supplies. She has decided that she needs to increase profit, so she is considering raising her fee to $65. She expects to lose 10 percent of her business to competitors that charge an average of 460 per visit. Determine her current and predicted: 1) revenues, 2) variable costs, and 3) total contribution margin. What do you recommend she do? Why?
5.Janet Gilbert is director of labs. She has some extra capacity and has contracted with some small neighboring hospitals to run some of their lab tests. She has recently had a study conducted and has determined that her costs of these contracts are $10,000 of which $7,000 are for supplies and items related to each test. She currently charges an average of $10,00 per lab test. She is thinking of lowering her price by 20 percent in hopes of raising her current volume of 10,000 tests by 15 percent. Determine her current and predicted: 1) revenues, 2) variable costs, 3) total contribution margin, and 4) net income. What do you recommend she do? Why?
6.Shady Rest Nursing Home has 100 private pay residents. The administrator is concerned about balancing the ratio its private pay to non-private pay patients. Non-private pay sources reimburse an average of $100 per day whereas private pay residents pay average 100 percent of full daily charges. The administrator estimates that variable cost per resident per day is $25 for supplies, food, and contracted services and annual fixed costs are $4,562,500. ?What is the daily contribution margin of each non-private pay resident?
?If 25 percent of the residents are non-private pay, what will shady Rest charge the private pay patients in order to break even?
?What if non-private pay payors cover 50 percent of the residents?

7.The owner of Shady Rest Nursing Home insists that the facility earn $80,000 in annual profits. How much must the administrator raise the per day charge for the privately insured residents if 25 percent of the residents are covered by non-private pay payors?

Related Discussions:- break even analysis

Eclectic Paradigm.., ‘It should be obvious that simply the signing of a tre...

‘It should be obvious that simply the signing of a treaty to remove barriers to trade does not have any effect on the intra-group trade if the prospective partners do not demand ea

What is all about sales?, Sales is about generating prospects, evaluating t...

Sales is about generating prospects, evaluating them for business opportunities, getting the requirement from them and giving adequate solutions so that it gets changed into Revenu

Project, critical evaluation of CSR activities of Oracle?

critical evaluation of CSR activities of Oracle?

Write a letter of resignation, QUESTION If you were to write a letter...

QUESTION If you were to write a letter of resignation, which of the following introductory paragraphs would be the most suitable. A ) I have accepted another post. I am s

Hindustan Foods, With the data so determined. Hindustan food wanted to know...

With the data so determined. Hindustan food wanted to know if the difference in the sales was due to the difference in flavors and what affect the different prices had on sales

Outline the roles and authorities of a project manager, QUESTION (a) Th...

QUESTION (a) The purpose of project management is to achieve successful project completion with the resources available. Regardless of the method that is used to handle a proje

Managerial skills and levels of management, discuss the managerial skills n...

discuss the managerial skills needed at the different levels of management

Dimension of knowledge society, assignment 3000 words

assignment 3000 words

Assament.., Question One: (2.5 Marks) Suppose you are a senior manager in...

Question One: (2.5 Marks) Suppose you are a senior manager in a global management consulting company. Which conflict management style do you think is the best and would you adopt

Caselet, What should Mr. Sharma have done to avoid the misunderstanding?

What should Mr. Sharma have done to avoid the misunderstanding?

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd