A hospital receives $$1,000,000$ monthly in funding from various sources. Annual fixed costs are projected to be $$5,000,000$ and the variable cost per patient, across all departments is projected to be $$534\mathrm{.}80.$ Last year they treated $11,500$ patients. The hospital expects a $5\%$ increase in patients this year. A governing bylaw requires that the hospital be run as a non$-$profit organization.

What is the maximum number of patients the hospital can expect to be able to treat assuming the operating income is zero?

Question $11$Select one:

a$.$

$13,000$

b$.$

$12,079$

c$.$

$11,500$

d$.$

more than $13,000$

e$.$

CVP analysis is not relevant for non$-$profit organizations.