Using the surcharge method of setting rates, calculate the average prescription rate for the XYZ Pharmacy to cover its costs given the following data:
total projected cost of the pharmacy is $60,000;
projected cost of drugs billed to patients are $45,000;
and the projected number of prescriptions is 3,750.
Use the sheet entitled "Surcharge Rate-Setting". What is the direct cost, the overhead cost, the total cost, the volume, and the breakeven charge?
