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KarenSmith KarenSmith
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7 years ago
St. Jude's Medical, Inc. is considering opening a new emergency care facility. The fees charged and costs of the new facility will be similar to that of the existing facility. The only exception is that the annual fixed cost for the new facility is expected to be $120,000 less than the existing facility. The following information is available for St. Jude's existing facility for 2005.

   Revenue   $2,350,000
   Variable cost   1,292,500
   Fixed cost   920,000

a.)   Determine the revenues required for the new emergency care facility to break-even.
b.)   Determine the revenues required for the new emergency care facility to earn a profit of $325,000 per year.
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Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


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hol23hol23
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KarenSmith Author
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7 years ago
Many thanks
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