Problemgeneral hospital a not for profit acute care, Ask an Expert

Accounting

Problem:

General Hospital, a not for profit acute care facility, has the following cost structure for its inpatient services: FIxed costs $10,0000,00 Variable cost per inpatient day $200 Charge (revenue) per in patient day $1,000 The hospital expects to have a patient load of $15,000 inpatient days next year.

Required:

Question 1: Construct the hospital's base case projected P&L statement.

Question 2: What is the hospital's breakeven point?

Question 3: What volume is required to provide a profit of $1,000,000? A profit of $500,000?

Note: Explain in detail and show all computations in proper way.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170635

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