Southwest hospital has fixed costs of 100 million per year, Ask an Expert

Accounting

Southwest Hospital has fixed costs of $100 million per year. Variable costs represent approximately 80% of the total revenue. There are 50,000 patient-days estimated for next year.

A) What is the break-even point expressed in total revenue?

B) What is the average daily revenue per patient necessary to break-even?

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Accounting Basics, Accounting

Category:- Accounting Basics
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