Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A hospital is considering a new procedure to be offered at $200 per patient. The cost involved per year are patient meal $10, electricity bill

A hospital is considering a new procedure to be offered at $200 per patient. The cost involved per year are patient meal $10, electricity bill for operating air-condition in theatre room $25, surgical equipment $52,000 consultation fee for Doctor $20, ambulance $30,000, cleaning bed sheet for patient $10, salary of ambulance driver $1000, capital for medicine $15,000, taxes and municipal levy $2,000, and patient admission fee $35. What is the break-even quantity for this service? If the most pessimistic sales forecast for the proposed service were 1,500 patients, what would be the procedures total contribution to profit and overhead per year?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISO 27001 Controls A Guide To Implementing And Auditing

Authors: IT Governance

1st Edition

1787781445, 978-1787781443

More Books

Students also viewed these Accounting questions

Question

explain what is meant by the terms unitarism and pluralism

Answered: 1 week ago