Question: Fixed Cost = $5,000,000 Variable Cost Per Patient Day = $500 Revenue Per Patient Day = $750 2013 Patient Days = 34,000 1. (1 pt)

Fixed Cost = $5,000,000 Variable Cost Per Patient Day = $500 Revenue Per Patient Day = $750 2013 Patient Days = 34,000

1. (1 pt) What are the total costs for the organization?

2. (1 pt) Is the hospital making a profit or loss? What is the profit/ loss?

3. (1pt) What is the total contribution margin at 34,000 patient days?

4. (2pts) What is the volume breakeven in patient days using the cost information given?

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