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Steven was rollerblading when he hit a bump in the road and fell. As he went down, he tried to break the fall with his hands. He presented to the emergency department with pain and swelling in his left wrist. Radiologic exams were taken of the wrist. It was determined by the physician that he fractured his distal radius. The emergency room physician applied a static short-arm splint to the fractured wrist and referred the patient to the orthopedist on call. Report only the treatment, not the x-ray or ED E/M service.
CPT Code: ____________________
Average Variable Cost
The cost of labor and materials divided by the quantity of output, representing the variable cost per unit of production.
Total Variable Cost
The sum of all costs that vary with output level, including costs such as labor and raw materials.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the total quantity of output produced.
Marginal Cost
The price of creating one more unit of a particular product or service.
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