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Assume that Lexington Hospital has fixed costs of $10,000,000 and a variable cost (per inpatient day) rate of $200. What is the total cost forecast for a volume of 50,000 patient days?

a. $12,500,000

b. $15,000,000

c. $17,500,000

d. $20,000,000

e. $25,000,000

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92375010

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