Question: Consider the follow data: fixed costs= $10 million variable cost per inpatient day= $400 what revenue per inpatient day is required to obtain a profit

Consider the follow data: fixed costs= $10 million variable cost per inpatient day= $400 what revenue per inpatient day is required to obtain a profit of $ 1 million at a volume of 10,000 patient days?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

9. Consider the following data: fixed costs = $10 million, variable cost per inpatient day = $400, and revenue per inpatient day = $1,200. What is the contribution margin? a. $400 b. $800 c. $1,200...

Consider the following data: Fixed costs = $10 million Variable cost per inpatient day = $400 Revenue per inpatient day = $1,200 A. What is the contribution margin? What is the breakeven volume (in...

A. Consider the following data: Fixed costs = $10 million Variable cost per inpatient day = $400 Revenue per inpatient day = $1,200 What is the contribution margin? What is the breakeven volume (in...

Consider the following data: Fixed costs = $10 million Variable cost per inpatient day = $400 Revenue per inpatient day = $1,200 What is the average cost per patient day?

Consider the following data: Fixed costs = $10 million Variable cost per inpatient day = $400 Revenue per inpatient day = $1,200 What is the contribution margin? What is the breakeven volume (in...

Consider the following data: fixed costs= $10 million variable cost per inpatient day $400 revenue per inpatient day= $1,200 What is the breakeven volume (in patient days)?

consider the following data: fixed costs= $10 million variable cost per inpatient day= $400 revenue per inpatient day= $1,200 what is the contribution margin?

Which of the following statements regarding the relationship between reimbursement method and risk is/are most correct? Under capitation riskis the percentage of fixed Consider the following data:...

1- Consider the following data: fixed costs = $10 million, variable cost per inpatient day = $400, and revenue per inpatient day = $1,200. What is the contribution margin? 2- Assume the following...

Consider the following data: -Fixed costs = $10 million Variable costs per inpatient day = $400 Revenue per inpatient day = $1,200 What revenue per inpatient day is required to obtain a profit of...

Which of the following would indicate a cash inflow to appear in the Financing Activities section of the statement of cash flows? O a. Decrease in dividends payable account O b. Decrease in retained...

Consider the packed bed of aluminum spheres described in Problem 5.12 under conditions for which the bed is charged by hot air with an inlet velocity of V = 1 m/s and temperature of T g,i = 300C, but...

Use the following intormation for Corter a Wooten Corporation to propare the 2 0 2 2 Statement of Cosh Flowr \ table [ [ Assets , 2 0 2 2 , 2 0 2 1 ] , [ Cash , $ 2 1 , 0 0 0 , $ 5 4 0 0 0 ] , [...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

Choose an appropriate topic and develop it Support and enliven your speech with effective research

Choosing Your Topic Researching the Topic

The Power of Public Speaking Clarifying the