Business math in pharmacy

by Nikki
(US)

Markup= 12% for AWP less than $100
Markup= $5 for AWP $100 or more
Dispensing fee= $6 per prescription
Dispensing fee= $7.50
Compounding fee= $60 per hour
Senior citizen discount= 10%

Dispense the following compounded prescription:
Betamethasone 1% 15g AWP=$15.40
Bacitracin ung 15g AWP= 6.10
Aquaphor ung 30g AWP= 4.50
Compounding time= 10 min

a. What is the selling price?
b. What is the selling price for a senior citizen?
c. What is the gross profit?
d. What is the net profit?

Insurance Company A reimburses AWP-7%+$2.50 per script. How much is the reimbursement for:

Prescription in above Problem ?

Insurance B reimburses AWP-4%+$2 per script. How much is the reimbursement for:

Prescription in above Problem ?

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