A large For-Profit hospital has a basement area that has been empty since the facility was constructed. The space already has electrical and Heating / cooling systems installed, otherwise it is an empty shell that can be built-out for use by the hospital. As the hospital CFO, you have been asked to present a brief summary to the management team about the types of costs that should be considered if the space was turned into a new operating suite for the facility. Assume the hospital is at capacity in surgical space and they could easily fill the space with revenue-producing cases. Discuss the variable, fixed, and semi-variable costs involved. Also discuss the four types of costs involved in considering alternative projects (avoidable, sunk, incremental, and opportunity costs). Be detailed in your answer.