As administrative director of the laboratory you have been, Financial Management

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As administrative director of the laboratory you have been

As administrative director of the laboratory you have been asked to see if it is feasible to add more staff to support laboratory services. You have gathered the following information.

-The center has 1 machine and 1 technologist.

-Equipment lease per month per machine $12,000

-Revenue per lab test $115

-Technologist cost per test $48

- Variable cost per test $27

Calculate the patient volume needed per month if the lab center desires to cover its fixed and variable expense and make a profit of $2500.

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