Multiple Choice
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 breakeven point for the month assuming that Dr.Hunter plans to perform the procedure 200 times?
A) 40 times
B) 30 times
C) 20 times
D) 10 times
Correct Answer:
Verified
Correct Answer:
Verified
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