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Austin Hospital has overall variable costs of 22% of total revenue and fixed costs of $39 million per year Requirements 1. Compute the break-even point expressed in total revenue 2. A patient-day is often used to measure the volume of a hospital Suppose there are to be 50,000 patient-days next year Compute the average daily revenue per patient-day necessary to achieve the break-even total revenue computed in item 1 total revenue (Enter ratios to two decimal places and all other amounts in dollars.) Requirement 1. Determine the shortcut formula, then compute the break-even point expressed Fixed costs Contribution-margin ratio = Break-even point in revenue 39 78 50 k/static)