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Pinebrook Medical Center, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed Costs $7,500,000 Variable Costs per inpatient day

Pinebrook Medical Center, a not-for-profit acute care facility, has the following cost structure for its inpatient services:

Fixed Costs $7,500,000

Variable Costs per inpatient day $250

Charge (revenue) per inpatient day $1,100

What volume is required to product a profit of $1,000,000?

a. 12,000 visits

b. 8,823 visits

c. 1,176 visits

d. 10,000 visits

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