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Rubrics: Problem 1: 20% Problem 2: 20% Problem 3: 20% Problem 4: 40% Problem 1: Given the information below, calculate the missing items in the
Rubrics: Problem 1: 20% Problem 2: 20% Problem 3: 20% Problem 4: 40% Problem 1: Given the information below, calculate the missing items in the break even formulas Total Variable Fixed Cost per Indirect Desired Situation Price Quantity Cost Unit Costs Profit $25 4,200 $200,000 100 $190,000 $24 4,000 $180,000 $50 S24,000 $20,000 Problem 2 Given the information below, calculate the missing items in the capitation break even formulas. Number Total of Fixed Utilization Variable Indirect Desired Situation Members Cost PMPM Rate Cost/Unit Costs Profit 1 1,500 $20,000 10% 1,400 $17,500 $15 $25 1,400 $17,500 $25 $6,000 $5,000 10% Problem 3: The information in the table below applies to problems 25 and 26. Your nursing home defines output as a patient day. Its present volume is 26,000 patient days. The average cost per day is S90.00. Present revenues and costs are presented below: Revenues: $750,000 Charge Patients (6,000 Patient Days) Fixed-Price Patients (20,000 Patient Days) 1,800,000 Total Net Revenues $2,550,000 Costs Fixed Costs $1,170,000 Variable Costs ($45/PD) 1,170,000 Total ($90/PD) $2,340,000
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