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

How is production budget determined, How is production budget determined? ...

How is production budget determined? A production budget determines the cost of producing the calculated volume of saleble products. The production plan is computed in terms of

Evaluate a news coverage in the written press, Question 1: How would yo...

Question 1: How would you evaluate a News Coverage in the written Press and the Electronic Media? Question 2: A big multinational company wishes to employ a PR manage

Manage finance, strategic oppurtunity for new product

strategic oppurtunity for new product

What are the middle management functions, What are the middle management fu...

What are the middle management functions? Middle Management: This includes Superintendents, General Managers and Branch managers. Middle management Functions are: 1

Marketing, How distribution is arranged to provide costumers convenience fo...

How distribution is arranged to provide costumers convenience for the hotel.

Which parties have basic obligation in collective bargaining, Which parties...

Which parties have a basic obligation in collective bargaining? In collective Bargaining the parties, which are management representatives and also union officials both have a

Oil and gas, hi there I''m studying for oil and gas management, how could y...

hi there I''m studying for oil and gas management, how could you help me? thanks

Project detroit should be pursued as it has the superior npv, b) Based on t...

b) Based on these figures, Project Detroit should be pursued as it has the superior NPV. Even though both projects yield the same absolute amount of net cash flow (each totalling $

You are employed by an events management company and, You are employed by a...

You are employed by an events management company and your team is tasked with managing the project planning and events management for a tour involving a number of events. Your clie

#title.measuring job satisfacatiion., doing a management project in mla fom...

doing a management project in mla fomat about measuring job satisfaction

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