Question
General Hospital, a non-for-profit acute care facility, has the following cost structure for its inpatients services: Fixed costs $8,415,000 Overhead $1,500,000 Variable cost per inpatient
General Hospital, a non-for-profit acute care facility, has the following cost structure for its inpatients services: Fixed costs $8,415,000 Overhead $1,500,000 Variable cost per inpatient day $400 Charge (revenue) per inpatient day $1,000 The Hospital expects to have a patient load of 15,000 inpatient days next year. Question: What is the amount of profit for General Hospital? (Just number, can include "+/-" sign, but no "$," no "," sign)
Question: What is the Hospital's breakeven volume when profit is 816,000? (Just number, can include "+/-" sign, but no "$," no "," sign)
Question: What is the amount of total contribution margin for General Hospital? (Just number, can include "+/-" sign, but no "$," no "," sign)
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