Use the following information for questions 27 through 29. M…
Use the following information for questions 27 through 29. Midwest Clinic offers one service that has the following annual cost and volume estimates: Variable cost per visit $ 50 Annual direct fixed costs $150,000 Allocation of overhead costs $30,000 Expected volume 6,000 visits Assume that Midwest Clinic’s effective tax rate is 25%. What price per visit must be set if Midwest Clinic wants to break-even?