Dental Practitioners — High and Low Ranges and Averages for years ending by March 31, 2014
Range | ||||
High | Low | Average | % | |
Fees Received | 2,329,615 | 241,759 | 831,527 | 100% |
Salaries – general | 184,961 | 0 | 59,817 | 7.2% |
Salaries – assistants | 180,730 | 0 | 63,719 | 7.7% |
Salaries – hygienists | 398,814 | 0 | 99,587 | 12.0% |
Payroll taxes – staff | 57,093 | 2,765 | 19,146 | 2.3% |
Staff retirement plans | 28,102 | 0 | 6,168 | 0.7% |
Employee benefit plans | 56,483 | 0 | 7,748 | 0.9% |
Staff meetings and parties | 20,213 | 0 | 2,674 | 0.3% |
Professional supplies | 198,964 | 6,585 | 62,148 | 7.5% |
Laboratory fees | 190,889 | 4,710 | 54,536 | 6.6% |
Occupancy expense |
118,643 | 11,486 | 50,382 | 6.1% |
Repairs, decorate and service contracts |
23,783 | 0 | 5,829 | 0.7% |
Depreciation, amortization and leased equipment | 119,295 | 0 | 24,729 | 2.9% |
Interest paid | 47,518 | 0 | 7,034 | 0.8% |
Insurance – business | 30,728 | 1,557 | 6,091 | 0.7% |
Telephone | 13,079 | 488 | 4,391 | 0.5% |
Office and computer expenses | 60,204 | 1,410 | 16,58 | 1.6% |
Promotion and advertising | 63,001 | 100 | 13,939 | 1.7% |
Meetings and seminars | 31,975 | 0 | 4,736 | 0.5% |
Professional, banking and other fees | 90,207 | 2,650 | 20,148 | 2.4% |
Dues, licenses and subscriptions | 8,651 | 405 | 3,062 | 0.4% |
Auto and employee travel | 8,890 | 0 | 1,403 | 0.2% |
Laundry and uniforms | 5,188 | 0 | 812 | 0.2% |
Covenants, contracts and agreements | 68,664 | 0 | 5,413 | 0.7% |
Total Expenses Disbursed | 540,096 | 65.0% | ||
Net Income on an Income Tax Basis | 291,431 | 35.0% |
*Please read the explanatory notes in the cover letter regarding possible adjustments to the above figures. Prepared By: Kern, DeWenter, Viere, Ltd. Certified Public Accountants Dental Practitioners — High and Low Ranges and Averages for years ending by March 31, 2014