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General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed costs $463,868 Variable cost per inpatient day $25
General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services:
Fixed costs | $463,868 |
Variable cost per inpatient day | $25 |
Charge (revenue) per inpatient day | $101 |
The hospital expects to have a patient load of 7,882 inpatient days next year. What is the hospital's breakeven point?
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