Question
General Hospital has variable costs of 90% of total revenues and total fixed costs of $50 million per year. There are 50,000 patient-days estimated for
General Hospital has variable costs of 90% of total revenues and total fixed costs of $50 million per year. There are 50,000 patient-days estimated for next year. What is the average daily revenue per patient necessary to breakeven?
Assume the sales price is $100 per unit and the total fixed costs are $75,000. The break-even volume in dollar sales is $250,000. What is the variable cost per unit?
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Cost Accounting A Managerial Emphasis
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
6th Canadian edition
978-0132893534, 9780133389401, 132893533, 133389405, 978-0133392883
