Answered step by step
Verified Expert Solution
Question
1 Approved Answer
With a fixed costs$10,000,000, Variable cost per inpatient day$200, Charge(revenue) per inpatient day$1,000 expect patientload of 15,000 inpatient days next year. How do I calculate
With a fixed costs$10,000,000, Variable cost per inpatient day$200, Charge(revenue) per inpatient day$1,000
expect patientload of 15,000 inpatient days next year.
How do I calculate the volumerequired toprovidea profitof $1,000,000?A profit of $500,000?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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 Started