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Please check the following document and fill out the blanks, only 2 questions please make sure all the answer is correct. Thank you Questions: 9
Please check the following document and fill out the blanks, only 2 questions please make sure all the answer is correct. Thank you
Questions: 9 Answer h eemplete hut net entirely eerrest. Increase in revenue Increase in expenses: 1lul'arialznla sharges by medieal eantar Fixed charges by medical eantar Salaries Tatal increase in expenses Net change in earnings fram rental ef addilianal 20 beds Questions: 1) Minimum no. of patient days required to break-even Total variable costs for the year Dietary Laundry Laboratory Pharmacy Billing and Collections Total $580,000 $220,000 $420,000 $340,000 $280,000 $1,840,000 Total Fixed Costs Janitorial Repairs and maintenance General and administrative Rent $75,000 $33,000 $1,360,000 $1,580,000 Total Fixed costs Supervising nurses Nurses Aides Total Salaries $3,048,000 $103,600 $206,000 $162,000 $471,600 Revenue per patient day Total revenue Number of patient days $400 $3,000,000 $3,000,000 / $400 = 7,500 Variable cost per patient day Contribution margin per patient day $1,840,000 / 7,500 $245 Break-even point $155 22,756 2) Increase in Revenue (20 * 85 * $300) Increase in expenses: Variable charges by medical center (20 * 85 * $100) Fixed charges by medical center ($1,840,000/60*20) Salaries Total increase in expenses Net change in earnings from rental of additional 20 beds $510,000 $170,000 $613,333 $0 $783,333 $(273,333) patient-days \fQuestions: 1) Minimum no. of patient days required to break-even Total variable costs for the year Dietary Laundry Laboratory Pharmacy Billing and Collections Total $580,000 $220,000 $420,000 $340,000 $280,000 $1,840,000 Total Fixed Costs Janitorial Repairs and maintenance General and administrative Rent $75,000 $33,000 $1,360,000 $1,580,000 Total Fixed costs Supervising nurses Nurses Aides Total Salaries $3,048,000 $103,600 $206,000 $162,000 $471,600 Revenue per patient day Total revenue Number of patient days $400 $3,000,000 $3,000,000 / $400 = 7,500 Variable cost per patient day Contribution margin per patient day $1,840,000 / 7,500 $245 Break-even point $155 22,756 2) Increase in Revenue (20 * 85 * $400) Increase in expenses: Variable charges by medical center (20 * 85 * $100) Fixed charges by medical center ($3,048,000/60*20) Salaries Total increase in expenses Net change in earnings from rental of additional 20 beds $680,000 $170,000 $1,016,000 $0 $1,186,000 -$506,000 patient-days Questions: 1) Minimum no. of patient days required to break-even Total variable costs for the year Dietary Laundry Laboratory Pharmacy Billing and Collections Total $580,000 $220,000 $420,000 $340,000 $280,000 $1,840,000 Total Fixed Costs Janitorial Repairs and maintenance General and administrative Rent $75,000 $33,000 $1,360,000 $1,580,000 Total Fixed costs Supervising nurses Nurses Aides Total Salaries $3,048,000 $103,600 $206,000 $162,000 $471,600 Revenue per patient day Total revenue Number of patient days $400 $3,000,000 $3,000,000 / $400 = 7,500 Variable cost per patient day Contribution margin per patient day $1,840,000 / 7,500 = $245 Break-even point $155 22,756 2) Increase in Revenue (20 * 85 * $400) Increase in expenses: Variable charges by medical center (20 * 85 * $245) Fixed charges by medical center ($3,048,000/60*20) Salaries Total increase in expenses Net change in earnings from rental of additional 20 beds $680,000 $416,500 $1,016,000 $0 $1,432,500 -$752,500 patient-days 9 Answer h eemplete hut net entirely eerrest. Increase in revenue Increase in expenses: 1lul'arialznla sharges by medieal eantar Fixed charges by medical eantar Salaries Tatal increase in expenses Net change in earnings fram rental ef addilianal 20 beds Questions: 1) Minimum no. of patient days required to break-even Total variable costs for the year Dietary Laundry Laboratory Pharmacy Billing and Collections Total $580,000 $220,000 $420,000 $340,000 $280,000 $1,840,000 Total Fixed Costs Janitorial Repairs and maintenance General and administrative Rent $75,000 $33,000 $1,360,000 $1,580,000 Total Fixed costs Supervising nurses Nurses Aides Total Salaries $3,048,000 $103,600 $206,000 $162,000 $471,600 Revenue per patient day Total revenue Number of patient days $400 $3,000,000 $3,000,000 / $400 = 7,500 Variable cost per patient day Contribution margin per patient day $1,840,000 / 7,500 $245 Break-even point $155 22,756 2) Increase in Revenue (20 * 85 * $300) Increase in expenses: Variable charges by medical center (20 * 85 * $100) Fixed charges by medical center ($1,840,000/60*20) Salaries Total increase in expenses Net change in earnings from rental of additional 20 beds $510,000 $170,000 $613,333 $0 $783,333 $(273,333) patient-days \fQuestions: 1) Minimum no. of patient days required to break-even Total variable costs for the year Dietary Laundry Laboratory Pharmacy Billing and Collections Total $580,000 $220,000 $420,000 $340,000 $280,000 $1,840,000 Total Fixed Costs Janitorial Repairs and maintenance General and administrative Rent $75,000 $33,000 $1,360,000 $1,580,000 Total Fixed costs Supervising nurses Nurses Aides Total Salaries $3,048,000 $103,600 $206,000 $162,000 $471,600 Revenue per patient day Total revenue Number of patient days $400 $3,000,000 $3,000,000 / $400 = 7,500 Variable cost per patient day Contribution margin per patient day $1,840,000 / 7,500 $245 Break-even point $155 22,756 2) Increase in Revenue (20 * 85 * $400) Increase in expenses: Variable charges by medical center (20 * 85 * $100) Fixed charges by medical center ($3,048,000/60*20) Salaries Total increase in expenses Net change in earnings from rental of additional 20 beds $680,000 $170,000 $1,016,000 $0 $1,186,000 -$506,000 patient-days Questions: 1) Minimum no. of patient days required to break-even Total variable costs for the year Dietary Laundry Laboratory Pharmacy Billing and Collections Total $580,000 $220,000 $420,000 $340,000 $280,000 $1,840,000 Total Fixed Costs Janitorial Repairs and maintenance General and administrative Rent $75,000 $33,000 $1,360,000 $1,580,000 Total Fixed costs Supervising nurses Nurses Aides Total Salaries $3,048,000 $103,600 $206,000 $162,000 $471,600 Revenue per patient day Total revenue Number of patient days $400 $3,000,000 $3,000,000 / $400 = 7,500 Variable cost per patient day Contribution margin per patient day $1,840,000 / 7,500 = $245 Break-even point $155 22,756 2) Increase in Revenue (20 * 85 * $400) Increase in expenses: Variable charges by medical center (20 * 85 * $245) Fixed charges by medical center ($3,048,000/60*20) Salaries Total increase in expenses Net change in earnings from rental of additional 20 beds $680,000 $416,500 $1,016,000 $0 $1,432,500 -$752,500 patient-daysStep by Step Solution
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