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Consider the data in the table below for three independent health services organizations: Revenues Total Variable Costs Fixed Costs Total Costs...

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?

Top Answer

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!!!
    • elouxion81
    • Aug 04, 2018 at 8:38pm
  • You are most welcome
    • Nitika0506
    • Aug 04, 2018 at 8:41pm

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Other Answers

For health care A Fixed costs = Total costs-variable costs                  =$2000-$1400... View the full answer

1 comment
  • I hope you have gotten the detail explanation and answers clearly. In case of any questions, let me know. Thank you
    • topwilfred
    • Aug 04, 2018 at 8:46pm

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