Suppose a hospital's fixed cost is $50,000,000 and variable cost is $12,000,000. Annually the hospital admits 15,000

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Suppose a hospital's fixed cost is $50,000,000 and variable cost is $12,000,000. Annually the hospital admits 15,000 patients. What is the optimal decision for this hospital if the total revenue for the past fiscal year is 40,000,000.

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Accounting Texts and Cases

ISBN: 978-1259097126

13th edition

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

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Question Posted: Dec 27, 2017 02:11 AM

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Suppose a hospital's fixed cost is $50,000,000 and variable cost is $12,000,000. Annually the hospital admits 15,000

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Fixed Cost 50000000 Variable Cost 12000000 Revenue 40000000 Number of patients 15000 Vari...View the full answer

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