Consider the data in the table below for three independent health services organizations:
Revenues Total Variable Costs Fixed Costs Total Costs Profit
a. $2,000 $1,400 ? $2,000 ?
b. ? 1,000 ? 1,600 $2,400
c. 4,000 ? $600 ? 400
Fill in the missing data indicated by question marks. How do I solve this?
Answer a) Fixed Cost = 600 Profit = 0 b)... View the full answer
- THank you. I was overtinking the problem..just needed to grab the formulas. THank you!!!
- Aug 04, 2018 at 8:38pm
- You are most welcome
- Aug 04, 2018 at 8:41pm