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

State the factors associated with organizational change, Question 1: (A...

Question 1: (A) Differentiate between work group and work team. (B) Fully explain the four types of teams. Question 2: State the factors associated wi

Objectives of preventive maintenance, a. To minimize the possibility of ...

a. To minimize the possibility of unanticipated production interruptions by locating or uncovering any condition which may lead to it? b. To make plant equipment and m

Submit an environmental impact assessment, Question: A promoter propose...

Question: A promoter proposes to construct a stone crushing plant on the Eastern coast of the island. (a) Discuss whether he needs to submit an Environmental Impact Assessme

The elements of the organizational structure, QUESTION 1 Using either a...

QUESTION 1 Using either a public or a private welfare institution known to you, describe carefully (a) The elements of the organizational structure and (b) Explain how ea

Operates the business, Examine this business leader's leadership style and ...

Examine this business leader's leadership style and talk about how he or she has adapted to cultural differences and how he or she operates the business effectively in global marke

The two-tier and three-tier web client-server architectures, QUESTION (...

QUESTION (a) Compare the two- and three-tier Web client-server architectures, and indicate the role of each tier in each architecture. Which architecture is the most likely can

Managing diversity - combating challenges, Managing diversity is about more...

Managing diversity is about more than equal employment opportunity and affirmative action (Losyk, 1996). The organisation should create such a working environment as will increase

What is breaking time barriers, Q. What is Breaking Time Barriers? Comp...

Q. What is Breaking Time Barriers? Computers as well as telecommunication networks break time barriers. The major capabilities of IT are to shorten the barriers. The major capa

Concept of cognitive dissonance theory, Question 1: Describe the concep...

Question 1: Describe the concept of Cognitive Dissonance theory. What are the strategic core values of Quality Management System (QMS)? Concept of Cognitive Dissonance th

MTMG320 Business Information Systems, Hi I am Nelson Daniels I am checking ...

Hi I am Nelson Daniels I am checking up on my Ticket ID EM13830601 I see my payment has been authorized I need help on my 5.5 - Research Exercise: Microsoft Dynamics Research Rep

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