Use the Information Below to Answer the Following Question(s)

question 93

Multiple Choice

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 margin of safety assuming the procedure is performed 200 times?

• A) $80,000
• B) $64,000
• C) $40,000
• D) $32,000

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Definitions:

SWOT Analysis

A strategic planning technique used to identify a company's Strengths, Weaknesses, Opportunities, and Threats.

Marketing Program

A comprehensive plan that outlines marketing strategies, tactics, and actions to achieve business objectives.

Customer Value Proposition

A business or marketing statement that describes why a customer should buy a product or use a service, highlighting the distinct value.

Points of Difference

Unique attributes or benefits that set a product, service, or brand apart from its competitors in the eyes of the target market.