5.1 Assume that the managers of Fort Winston Hospital are setting the price on a new outpatient service. Here are the relevant data estimates: Annual direct fixed costs $500,000 Annual overhead allocation $ 50,000 Expected annual utilization 10,000 visits a. What per visit price must be set for the service to break even? To earn an annual profit of $100,00021 b. Repeat part a, but assume that the variable cost per visit is $10. c. Return to the data given in the problem. Again repeat part a, but assume that direct fixed cost are $1,000,000 d. Repeat part a assuming both a $10 variable cost and $1,000,000 in direct fixed costs. End of Chapter Problems - 4 2 and 5.1 - Due 10/31/19 2.) Examples of Indirect Costs include (select all tidl apply). @ Housekeeping Utilities c. Syringes @ Information Technology e. Bandages f. None of the above 3.) Cost allocation is done for departments such as? a. Maintenance b. Housekeeping C. Information Technology d. All of the above 4.) What is the first step in the cost allocation process? a. Determining the allocation amount b. Determining the cost driver c. Determining the cost pool d. Calculating the allocation rate 5.) The range of output (volume) for which the organiza a. Underlying Cost Structure b. Volume Breakeven C. Relevant Range d. Marginal Rate 6.) Price discrimination is when: a. Hospitals do not pay male and female staff equ h Suraanh