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help quick Progeny Hospital predicts variable costs of 80% of total revenue and fixed costs of $37 milion per year for the coming year, Requirements
help quick
Progeny Hospital predicts variable costs of 80% of total revenue and fixed costs of $37 milion per year for the coming year, Requirements 1. Compute the break-even point expressed in total revenue 2 Progeny Hospital expects total revenue of $225 million from 200,000 patient-days. Compute expected profit(a) if costs behave as expected, and (b) if variable costs are 10% greater than predicted Requirement 1. Compute the break-even point expressed in total revenue Determine the formula and then enter the amounts to calculate the break-even point in total revenue (Enter dolar amounts in milions and any percentages or ratios in decimal form to two decimal places, XX) Break-even in total revenue million Requirement 2. Progeny Hospital expects total revenue of $225 milion from 200,000 patient-days. Compute expected proft (a) if costs behave as expected, and (b) if variable costs are 10% greater than predicted. Begin by determining the formula to calculate net profit (loss), then calculate how much net proft will be generated (a) costs behave as expected, and (b) if variable costs are 10% greater than predicted (Enter dollar (a) (b) Net profit (los) Step by Step Solution
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