2. Jane Gilbert is Director Of Labs. She has some extra capacity and has contrac

2. Jane Gilbert is Director Of Labs. She has some extra capacity and has contracted with some small neighboring hospitals to run some of their lab tests. She has recently had a study conducted and has determined that her costs of these contracts are $10000 of which $7000 are for supplies and items related to each test. The remaining costs are fixed and not avoidable fixed costs. She currently charges an average of $10 per lab test. She is thinking of lowering her prices by 20% in hopes of raising her current volume of 10000 tests by 15%. Determine her current and predicted :
a. Revenue
b. Variable Cost
C. Total Contribution margin
D. Net Income