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:
Revenue per lab test $ 115
Equipment lease per month per machine $12,000
Technologist cost per test $ 48
Variable cost per test $ 27
The Center has 1 machine and 1 technologist
1. Calculate the patient volume needed per month if the Lab Center desires to cover its fixed and variable expense and make a profit of $2,500.