Harborview Health Center reports 22,000 patient visits annua…
Harborview Health Center reports 22,000 patient visits annually. The clinic’s total fixed costs are $1,100,000, and at this volume, total costs amount to $2,310,000. Also, the clinic is evaluating a potential merger with BaySide Medical, which currently has annual fixed costs of $1,550,000. While discussions are ongoing, Harborview has also begun renegotiations with its supply contracts to potentially reduce future variable costs. What is Harborview Health Center’s total profit at this volume of service?