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Answer the Following Questions Using the Information Below

Question 92

Multiple Choice

Answer the following questions using the information below:
Dr. Charles Hunter, MD, performs a certain outpatient procedure for $1,000. His fixed costs are $20,000, while his variable costs are $500 per procedure. Dr. Hunter currently plans to perform 200 procedures this month.
-What is the budgeted revenue for the month assuming that Dr. Hunter plans to perform this procedure 200 times?


A) $100,000
B) $200,000
C) $300,000
D) $400,000

Correct Answer:

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