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See Exhibits Below Full Question Question: Review the communication below. For each number ( e . g . , [ 1 ] , [ 2
See Exhibits Below Full Question Question: Review the communication below. For each number eg etc. input the correct amount or choose the correct answer from the option list provided by using the information in the exhibits. To: Taylor Soard, CEO From: Jake Moore, Accounting Department Manager Re: Breakeven Analysis for Pediatrics Date: May Year Hello Taylor, At Pediatrics' current capacity of beds, total fixed costs are $ the contribution margin is $ and the breakeven point in patient days is If we provide additional beds to Pediatrics, net income should by $ Best, Jake Item Answer Exhibit Costs to Granville Hospital for Renting to Pediatrics Patient DaysBed CapacityVariable Fixed Dietary$Janitorial$ LaundryLaboratoryPharmacyRepairs and maintenance General admin Rent Billings and collectionTotal $ $ Exhibit : Granville Hospital Management's Discussion and Analysis excerpt from annual report Our company is a general hospital renting space to entities within the hospital. Each entity receives common services from the hospital, such as patients' meals, laundry, and billings and collections. Space and bed rentals are fixed charges for the year, based on bed capacity rented to each entity. Pediatrics is one of the entities in Granville Hospital. Its current capacity is beds, and it operated at full capacity for days during the period. We charged Pediatrics $ per patient day, resulting in revenues of $ We conducted a breakeven analysis to evaluate the financial effects of providing additional beds to Pediatrics. Our analysis assumes that Pediatrics' annual number of patient days, and our costs variable and fixed relating to Pediatrics, will increase proportionally. However, the fee we charge Pediatrics per patient day will not change. Exhibit : Staffing Requirements Annual Patient Days Aides Nurses Supervising Nurses Up to to to Exhibit : Annual Salary Supervising nurse$NurseAide
What is the fixed cost? What is the contribution margin? What is the Total Patient days BEP Breakeven Analysis? What is the Net income? Has the net income increase or decrease?
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