3a. Calculate the fixed and variable costs for each alternative. If an amount is zero, ent Fixed costs: RNs Basic Care Lifestyle Care 150,000 150,000 LPNs 180,000 180,000 Aides 144,000 144,000 Physical and recreational therapists 0 70,000 Cooks 40,000 30,000 Janitors 44,000 44,000 Other 160,000 192,000 Debt service 280,000 400,000 Depreciation 140,000 200,000 Administrative costs 60,000 60,000 Total fixed costs 1,198,000 1,470,000 Variable costs: Other (at 60%) 240,000 Number of patients 50 288,000 30 Annual variable cost per patient 4,800 9,600 3b. Calculate the break-even number of patients (in total and for each type of reimbursement) for each of the following scenarios (round your answers up to nearest whole number): a. Basic Care option, 20 percent private insurance, and 80 percent Medicaid Break-even PI patients Break-even Medicaid patients b. Basic Care option, no Medicaid Break-even PI patients New break-even PI patients 5 c. Lifestyle Care option, no Medicaid, 75 percent private insurance, and 25 percent private pay Break-even PI patients Break-even Medicaid patients d. Lifestyle Care option, all insurance reimbursement Break-even PI patients 4. What is the markup percent of cost of services charged on the assisted-living expenses? Round your percentage answer to one decimal place. 42.9 % What would the price per month for a Basic Care patient be if the same markup were used? For a Lifestyle Care patient? (Assume in both cases that occupancy is at 80 percent of capacity.) Round your intermediate calculation to 3 decimal places and final answers to the nearest dollar amount. Basic Care revenue Basic Care price Lifestyle Care revenue Lifestyle Care price 5. What is the payback period for the new addition? Round your answers to one decimal place. Basic Care payback period Lifestyle Care payback period years years