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You run a hospital with 100 rooms. Fixed daily cost is $2000 which includes staff salary, property charges, maintenance etc. Variable cost per room is

You run a hospital with 100 rooms. Fixed daily cost is $2000 which includes staff salary, property charges, maintenance etc. Variable cost per room is $10 which includes cleaning, equipment rentals, utility cost etc. which is incurred only when the room is full. You charge $50 per room per day. You sold 30 rooms today, how much profit/loss did you earn.

1)

Profit for $400

2)

Profit for $800

3)

Loss for $800

4)

Loss for $400

You run a hospital with 100 rooms. Fixed daily cost is $1000 which includes staff salary, property charges, maintenance etc. Variable cost per room is $10 which includes cleaning, equipment rentals, utility cost etc. You charge $50 per room per day. You sold 30 rooms today, how much revenue did you earn.

1)

$5000

2)

$100

3)

$500

4)

$1500

For a manufacturing company, selling price for an item is $500 per Unit, Variable cost is $50 per Unit, rent is $6000 per month and insurance is $3000 per month. How many items should the company sell to breakeven?

1)

15

2)

50

3)

20

4)

25

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