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Using the information provided: 1. Prepare a contribution income statement for Pediatrics for the year ended June 30, 2019. 2. Calculate the number of patient-days
Using the information provided:
1. Prepare a contribution income statement for Pediatrics for the year ended June 30, 2019.
2. Calculate the number of patient-days that Pediatrics generated in revenue for the year ended June 30, 2019.
3. Compute the contribution margin per patient days generated for the year ended June 30, 2019.
4. Calculate the minimum number of patient-days required for Pediatrics to break even for the upcoming year June 30, 2020. Assume that revenue per patient-day, cost per bed and salary rate
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