Austin Hospital has overall variable costs of 22% of total revenue and fixed costs of $39 million per year. Requirements 1. Compute the break even point expressed in total revenue. 2. A patient-day is often used to measure the volume of a hospital Suppose there are to be 50,000 patient-days next year. Compute the average daily revenue per patient-day necessary to achieve the break-even total revenue computed in item 1 Requirement 1. Determine the shortcut formula then compute the break-even point expressed in total revenue (Enter ratios to two decimal places and all other amounts in dollars.) Fixed costs Contribution-margin ratio Break-even point in revenue $ 39.000.000 0.78 50,000,000 Requirement 2. A pabent-day is often used to measure the volume of a hospital Suppose there are to be 50,000 patient-days next year Compute the average daily revenue per patient-day necessary to achieve the break-even total revenue computed in item 1 Daily revenue per patient-day ho