Using the data of problem 1 and assuming that the nursing home charges $100 per day, what would be the nursing home's required volume (in patient days) in order to make $150,000 profit? Copy and complete the equation below to calculate the volume: Volume 1,000,000+ (0.5 0.9 ) + (0.560) - 45 Assume that a certain nursing home has two categories of payers. Medicaid pays $60.00 per day and private pay patients pay the established per diem, but approximately 10 percent of private-pay charges are not collected. If 50 percent of the patients are Medicaid and 50 percent are private pay, what rate must be set to generate $150,000 in profit? Variable costs are $45.00 per day and fixed costs are expected to be $1,000,000. Expected volume is 50,000 patient days Copy the following format and complete to calculate the rate: Average Cost = $1.000.000 + $45.00 = $ 50,000 Net Price to Recover - $ + $150.000 + (65 - 60) * 25,000 = $ 25,000 25,000 Posted Rate = -0.90 = $ Using the data of problem 1 and assuming that the nursing home charges $100 per day, what would be the nursing home's required volume (in patient days) in order to make $150,000 profit? Copy and complete the equation below to calculate the volume: Volume 1,000,000+ (0.5 0.9 ) + (0.560) - 45 Assume that a certain nursing home has two categories of payers. Medicaid pays $60.00 per day and private pay patients pay the established per diem, but approximately 10 percent of private-pay charges are not collected. If 50 percent of the patients are Medicaid and 50 percent are private pay, what rate must be set to generate $150,000 in profit? Variable costs are $45.00 per day and fixed costs are expected to be $1,000,000. Expected volume is 50,000 patient days Copy the following format and complete to calculate the rate: Average Cost = $1.000.000 + $45.00 = $ 50,000 Net Price to Recover - $ + $150.000 + (65 - 60) * 25,000 = $ 25,000 25,000 Posted Rate = -0.90 = $