Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs will increase fixed costs by $147,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $2,970 per year in additional revenue, with variable costs estimated at $970 per patient. The two new chairs will allow Dr. Gulakowicz to expand her practice by as many as 190 patients annually. How many patients would have to be added for the new process to break even? The break-even volume is patients. (Enter your response rounded to the nearest whole number.)

Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs will increase fixed costs by $147,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $2,970 per year in additional revenue, with variable costs estimated at $970 per patient. The two new chairs will allow Dr. Gulakowicz to expand her practice by as many as 190 patients annually. How many patients would have to be added for the new process to break even? The break-even volume is patients. (Enter your response rounded to the nearest whole number.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 1PB: Variety Artisans has a bottleneck in their production that occurs within the engraving department....

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Dr. Gulakowicz is an orthodontist. She estimates that add-ing two new chairs will increase fixed costs by $155,000,including the annual equivalent cost of the capital invest-ment and the salary of one more technician. Each newpatient is expected to bring in $2,920 per year in additionalrevenue, with variable costs estimated at $1,010 per pa-tient. The two new chairs will allow Dr. Gulakowicz toexpand her practice by as many as 200 patients annually.How many patients would have to be added for the newprocess to break even?
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