Use the information below to answer the following question(s) .
Dr. Mickey Finn performs a certain procedure for $400.00. The fixed costs are $8,000 and variable costs are $200.00 per procedure.
-What is the budgeted revenue assuming the procedure is performed 200 times?
A) $40,000
B) $80,000
C) $120,000
D) $160,000
E) $320,000
Correct Answer:
Verified
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