Professional Documents
Culture Documents
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37
A
YOUR AUDIOLOGY PRACTICE, INC.
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
5,000
2,500
1,875
250
750
175
2,000
400
50
300
150
500
25
100
200
200
200
465
109
15,249
Depreciation
Interest
Total per Month
$
$
$
263960553.xls
$0
$0
$0
$0
$0
$0
$0
$0
YEARLY TOTAL
$60,000
$30,000
$22,500
$3,000
$9,000
$2,100
$24,000
$4,800
$600
$3,600
$1,800
$6,000
$300
$1,200
$2,400
$2,400
$2,400
6.2% of wages
1.45% of wages
$182,985
If you need to buy equipment for your practice, enter the costs in Column B in
rows 30 thru 36. You can overwrite the titles in Column A to describe the item
you are purchasing.
If you need to buy equipment, you will need to research costs for new & used
equipment.
Operating Exp
03/18/2015
A
B
C
D
E
F
G
H
I
J
K
L
YOUR
1 AUDIOLOGY PRACTICE, INC.
2
Use the 10 columns to set up the
PRICES & COSTS for various
3
diagnostic procedures or hearing aids
4
you will provide. Make entries in the
red cells.
5
6
7
Diagnostics - Private Pay
Diagnostics - Medicare/Medicaid
Hearing Aids
8
Hear. Test
ABR
VNG Hear. Test
ABR
VNG
Medicaid Entry level
Mid Level
Premium
9
$80
$134
$500
$30
$50
$200
$1,000
$1,300
$1,800
$2,300
10 Collected Amount
$650
$650
$900
$1,350
11 Variable Cost of Sales
$5
$15
$15
$5
$15
$15
$20
$20
$20
$20
12 Variable Expenses
$75
$119
$485
$25
$35
$185
$330
$630
$880
$930
13 Gross Profit
14
93.8%
88.8%
97.0%
83.3%
70.0%
92.5%
33.0%
48.5%
48.9%
40.4%
15 Contribution Ratio
16
17
100
75
35
360
140
120
95
33
0
0
18 VOLUMES
19
$8,000
$10,050
$17,500
$10,800
$7,000
$24,000
$95,000
$42,900
$0
$0
20 SALES
$0
$0
$0
$0
$0
$0
$61,750
$21,450
$0
$0
21 Variable Cost of Sales
$500
$1,125
$525
$1,800
$2,100
$1,800
$1,900
$660
$0
$0
22 Variable Expenses
$7,500
$8,925
$16,975
$9,000
$4,900
$22,200
$31,350
$20,790
$0
$0
23 Gross profit
24
25 Operating Expenses
26 Profit before taxes
Use the 10 columns on line 18 to
27
set the VOLUMES of the
Operating Expenses are pulled into
diagnostic procedures or hearing
28 Income Tax @ 35%
cell M25 from the amounts you fill
aids you will provide. Make entries
29 Profit After Taxes
in on the Operating Exp Tab.
in the red cells.
30
31
32 ASSUMPTIONS
33 Tax @ 35% doesn't include state taxation
34 Consult an accountant or tax professional
35
36 Hours Spent per Procedure/Aid
1.0 Hrs
1.5 Hrs
1.5 Hrs
1.0 Hrs
1.5 Hrs
1.5 Hrs
3.0 Hrs
3.0 Hrs
3.0 Hrs
3.0 Hrs
37 Time per Item
38
100.0 Hrs
112.5 Hrs
52.5 Hrs
360.0 Hrs
210.0 Hrs
180.0 Hrs
285.0 Hrs
99.0 Hrs
0.0 Hrs
0.0 Hrs
39 Total Time
40
Use the 10 columns on line 37 to set the TIME per ITEM
We use an assumption of 48 weeks in a year, for 6 hours each day and 5 days a
41
of the diagnostic procedure or hearing aids you will
week to set a limit on hours available to sell hearing aids or perform diagnostiocs.
42
provide. Make entries in the red cells. This is a custom
This constraint prevents an analysis which merely dials up volumes without
format,
so
all
you
need
to
enter
is
a
number
(example:
1
or
regard for the paperwork and administrative duties that come with increased
43
1.5) and it will automatically fill in "Hrs" after
volume. You can change this if you wish. Regardless of what # of hours you
44
use, if the total time of the procedures in columns B thru K exceeds our limit, cell
45
M41 will display "TOO MANY HOURS"
46
47
48
263960553.xls
Multiple Products
ANNUAL
TOTALS
958
$215,250
$83,200 Contribution
$10,410
Ratio
$121,640
56.5%
$182,985
($61,345)
$0
($61,345)
1399.0 Hrs
Max Hours
1440.0 Hrs
03/18/2015
A
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
B
C
D
E
YOUR AUDIOLOGY PRACTICE, INC.
Unit Volume
BASELINE
Breakeven
BUDGET
Analysis
Sales Price
Breakeven
Analysis
Variable Cost
Breakeven
Analysis
J
Op. Profit
$15,000
Volume
Calculator
L
Op. Profit
$15,000
Sales Price
Calculator
Unit A
$1,200
$750
$20
$430
Unit A
$1,200
$750
$20
$430
Unit A
$1,247
$750
$20
$477
Unit A
$1,200
$703.00
$20
$477
Unit A
$1,200
$750
$20
$430
Unit A
$1,306
$750
$20
$536
35.8%
35.8%
38.3%
39.8%
35.8%
41.0%
VOLUME (# of units)
252
280
252
252
314
252
SALES
Variable Cost of Sales
Variable Expenses
Contribution
$302,400
$189,000
$5,040
$108,360
$336,000
$210,000
$5,600
$120,400
$314,244
$189,000
$5,040
$120,204
$302,400
$177,156
$5,040
$120,204
$376,800
$235,500
$6,280
$135,020
$329,112
$189,000
$5,040
$135,072
Fixed Expenses
Operating Profit
$120,000
($11,640)
$120,000
$400
$120,000
$204
$120,000
$204
$120,000
$15,020
$120,000
$15,072
Interest
Income Tax @ 35%
Net Profit After Tax
Dividends
Retained Earnings
$0
$0
($11,640)
$0
($11,640)
$0
$140
$260
$0
$260
$0
$71
$133
$0
$133
$0
$71
$133
$0
$133
$0
$5,257
$9,763
$0
$9,763
$0
$5,275
$9,797
$0
$9,797
Sale Price
Variable Cost of Sales
Variable Expenses
Contribution
Contribution Ratio
ASSUMPTIONS
Income tax @ 35% doesn't include state taxation
Consult an accountant or tax professional
263960553.xls
Single Product
03/18/2015