Question
A hospital is considering a new procedure to be offered at $200 per patient. The cost involved per year are patient meal $10, electricity bill
A hospital is considering a new procedure to be offered at $200 per patient. The cost involved per year are patient meal $10, electricity bill for operating air-condition in theatre room $25, surgical equipment $52,000 consultation fee for Doctor $20, ambulance $30,000, cleaning bed sheet for patient $10, salary of ambulance driver $1000, capital for medicine $15,000, taxes and municipal levy $2,000, and patient admission fee $35.
What is the break-even quantity for this service?
If the most pessimistic sales forecast for the proposed service were 1,500 patients, what would be the procedure’s total contribution to profit and overhead per year?
Step by Step Solution
3.39 Rating (161 Votes )
There are 3 Steps involved in it
Step: 1
WORKINGS The procedure of finding total contribution to profit and overhead per y...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Managing Human Resources
Authors: Wayne F. Cascio
9th edition
78029171, 978-0078029172
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App