Answer the Following Questions Using the Information Below

question 115

Multiple Choice

Answer the following questions using the information below:
Dr Charles Hunter,MD,performs a certain outpatient procedure for $1000.His fixed costs are $20 000,while his variable costs are $500 per procedure.Dr Hunter currently plans to perform 200 procedures this month.
-What is the margin of safety assuming 100 procedures are budgeted?

• A)$100 000 or 100 times
• B)$40 000 or 40 times
• C)$60 000 or 60 times
• D)$50 000 or 50 times

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Definitions:

Apotheosis

The elevation of a person or thing to divine status, or a perfect example or ultimate expression of a concept.

Antoninus Pius

Roman Emperor from 138 to 161 AD, known for his peaceful reign and significant contributions to the architectural landscape of Rome, including the construction of temples and public works.

Triumphal March

A type of ceremonial music or a segment within a larger work designed to commemorate victory or celebration, often marked by a grand and uplifting character.

Sarcophagi

Stone coffins typically adorned with sculptures or inscriptions and used to bury the dead, especially in ancient civilizations such as Egypt, Rome, and Greece.