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Assume that Lexington Hospital has fixed costs of $10 million and a variable cost (per inpatient day) rate of $200. What is the total cost

Assume that Lexington Hospital has fixed costs of $10 million and a variable cost (per inpatient day) rate of $200. What is the total cost forecast for a volume of 50,000 patient days?

A) $12.5 million

B) $15 million

C) $17.5 million

D) $20 million

E) $25 million

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