A local hospital is required to account for the total cost of patient care, including support costs.

Question:

A local hospital is required to account for the total cost of patient care, including support costs. Patients are assigned all direct costs. Support costs are $240,000 per month plus $90 per patient day. This 120-bed hospital averages 80% occupancy.
REQUIRED
Calculate the average daily charge per patient for support costs, assuming 30 days in a month.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Management Measuring Monitoring And Motivating Performance

ISBN: 9781118168875

2nd Canadian Edition

Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook

Question Posted: