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HOW IN THE WORLD IS THIS INCORRECT?? PLEASE HELP! Required 1 Required 2 Assume that patient demand, revenue per patient day, cost per patient day,
HOW IN THE WORLD IS THIS INCORRECT?? PLEASE HELP!
Required 1 Required 2 Assume that patient demand, revenue per patient day, cost per patient day, cost per bed, and salary rates for the year ending June 30, 20x2, remain the same as for the year ended June 30, 20x1. Prepare a schedule of Pediatrics' increase in revenue and increase in costs for the year ending June 30, 20x2. Determine the net increase or decrease in Pediatrics' earnings from the additional 10 beds if Pediatrics rents this extra capacity from Delaware Medical Center. (Do not round intermediate calculations. Round your final answer to the nearest whole number. Enter an increase in earnings as a postive amount or a decrease in earnings as a negative amount.) Show less DELAWARE MEDICAL CENTER Computation of Change in Earnings From Rental of Additional Beds For the Year Ended June 30, 20x2 Increase in revenue $ 425,000 Increase in expenses: Variable charges by medical center 243,670 Fixed charges by medical center 430,430 Salaries 0 Total increase in expenses $ 674,100 Net change in earnings from rental of additional 10 beds $ (249,100) Required 1 Required 2 Assume that patient demand, revenue per patient day, cost per patient day, cost per bed, and salary rates for the year ending June 30, 20x2, remain the same as for the year ended June 30, 20x1. Prepare a schedule of Pediatrics' increase in revenue and increase in costs for the year ending June 30, 20x2. Determine the net increase or decrease in Pediatrics' earnings from the additional 10 beds if Pediatrics rents this extra capacity from Delaware Medical Center. (Do not round intermediate calculations. Round your final answer to the nearest whole number. Enter an increase in earnings as a postive amount or a decrease in earnings as a negative amount.) Show less DELAWARE MEDICAL CENTER Computation of Change in Earnings From Rental of Additional Beds For the Year Ended June 30, 20x2 Increase in revenue $ 425,000 Increase in expenses: Variable charges by medical center 243,670 Fixed charges by medical center 430,430 Salaries 0 Total increase in expenses $ 674,100 Net change in earnings from rental of additional 10 beds $ (249,100)Step by Step Solution
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