Essay
Southwest Hospital has fixed costs of $100 million per year.Variable costs represent approximately 80% of the total revenue.There are 50,000 patient-days estimated for next year.
Required:
A)What is the break-even point expressed in total revenue?
B)What is the average daily revenue per patient necessary to break even?
Correct Answer:
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A)$100 million/(1 - ...View Answer
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Correct Answer:
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