General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services:...
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General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed costs $10,473,849 Variable cost per inpatient day $248 Charge (revenue) per inpatient day $988 The hospital expects to have a patient load of 15,721 inpatient days next year. What volume is required to provide a profit of $913,317? (Round your answer to 2 decimal places. For example, 12.3456 should be entered as 12.35. REMINDER: quantities are always rounded UP. Canvas does not have this capability.) General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed costs $10,473,849 Variable cost per inpatient day $248 Charge (revenue) per inpatient day $988 The hospital expects to have a patient load of 15,721 inpatient days next year. What volume is required to provide a profit of $913,317? (Round your answer to 2 decimal places. For example, 12.3456 should be entered as 12.35. REMINDER: quantities are always rounded UP. Canvas does not have this capability.)
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