Smith Clinic has fixed costs of $1,000,000, a variable cost rate of $50 per visit,...
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Accounting
Smith Clinic has fixed costs of $1,000,000, a variable cost rate of $50 per visit, and expects to earn net revenue per visit of $100. If Smith Clinic wants to earn a profit of $200,000, how many visits must the clinic provide?
Group of answer choices
A. 24,000
B. 20,000
C. 12,000
D. 10,000
E. Cannot tell from the information provided
2) An outpatient surgery center performs 10,000 procedures in 2020 and incurs a total cost for utilities equal to $20,000. In 2021, the center performs 12,000 procedures and incurs a utilities cost equal to $22,000. The fixed cost of utilities is ____. Enter your answer as a whole number. Do not use decimals, commas or dollar signs. For example, if your answer is $2,000, enter your value as 2000.
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