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25 September, 18:14

If your medical supplies are $5,000 and you had 3900 patient visits during the year, what is your variable cost per patient visit for medical supplies?

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  1. 25 September, 20:11
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    The variable cost per patient visit can simply be calculated by dividing the total cost of medical supplies by the total patient visits, that is:

    variable cost = $5,000 / 3900 patient visits

    Therefore:

    variable cost = $1.28 per patient visit
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