Break-even point expressed in total revenue

Assignment Help Accounting Basics
Reference no: EM13155476

Days of Our Lives Hospital has total variable costs of 90% of total revenues and fixed costs of $50 million per year. There are 50,000 patient-days estimated for next year. What is the break-even point expressed in total revenue?

Reference no: EM13155476

Questions Cloud

A ski shop manager : A ski shop manager claims that the average of the sales for her shop is $1800 a day during the winter months. Fifty winter days are selected at random
Social contract and the us constitution : My assignment is a 2 page paper on comparing/contrasting three elements (i.e. slavery, the death penalty, voting rights, etc.) from the Social Contract and The US Constitution.
Why would it ever be used in the short-run : If we know that expansionary monetary policy cannot create real economic growth in the long-run, why would it ever be used in the short-run?
What is the probability that michael son will have dimples : dimples: Kirk Douglas has a prominent indentation (dimple) in his chin, and so does his son Michael. Dimples are inherited as a dominant trait. If Michael's mother does not have dimples, and his wife doesn't have dimples, what is the probability t..
Break-even point expressed in total revenue : Days of Our Lives Hospital has total variable costs of 90% of total revenues and fixed costs of $50 million per year. There are 50,000 patient-days estimated for next year. What is the break-even point expressed in total revenue?
Explain how many snails would it take to make a firkin : What is its speed in cm/sec? (b) How far in meters would it travel in 2.00 days? (c) If a snail weighs 2.00 grams, how many snails would it take to make a firkin at sea level?
Depreciation difference and warranty expense : Neer's income statement also included $225,000 accrued warranty expense that will be deducted for tax purposes when paid. Neer's enacted tax rates are 30% for 2007 and 2008, and 24% for 2009 and 2010. The depreciation difference and warranty expen..
Average cost of making a movie : During a recent year the average cost of making a movie was $54.8 million. This year, a random sample of 15 recent action movies had an average production cost of $62.3 million with a variance of $ 8 million.
What is the most probable mode of inheritance : P.T.C. Taster: to some people, the chemical, phenylthiocarbamide, has a strong bitter taste. However there are other individuals who are unable to perceive such a taste sensation.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journal entries for issuing-purchasing shares

Garza Co. had the following transactions during the current period. Journalize cash dividends; indicate statement presentation.

  Financial statements for a for-profit business

How does the audit opinion given to a city by its independent auditors differ from the audit opinion rendered on the financial statements for a for-profit business?

  Journal entry to distribute rozow''s total earnings

M. Rozow of Covington Manufacturing Co. is paid at the rate of $20 an hour for an 8 hour day with time and a half for over time and double time for Sundays and holidays.

  Which approach to substantive testing

Discuss which approach to substantive testing you believe to be the most effective and indicate why. Create a way other than using confirmations for an auditing team to substantiate account balances and how the firm should go about implementing th..

  Prepare a tax memo indicating

Friedman, Inc., an S corporation, holds some highly appreciated land and inventory, and some marketable securities that have declined in value. it anticipates a sale of these assets and a complete liquidation of the company over the next two years..

  Determining the company accounting needs

You have been hired as the CFO of a new company and are determining the company's accounting needs.

  Present value of the investment opportunity

The expected life and salvage value each are four years and $15,000 respectively. Lake Shuttle has an average cost of capital of 14%. A. Calculate the net present value of the investment opportunity.

  Total amount of manufacturing costs

What was the total amount of manufacturing costs assigned to the 5,000 units in the ending work in process?

  Which of these methods are discounted and which are not

Let's discuss the various capital budgeting methods most often used, such as the payback method, the accounting rate of return, net present value, and internal rate of return. Which of these methods are discounted and which are not? What are some ..

  Equivalent unit for conversion costs-processing department

The ending inventorty was 75% complete with respect to materials and 20% complete with respect to conversion costs. What are the equivalent units for conversion costs for the month in the first processing department?

  What is the most you should pay for this investment

Your investment adviser wants you to purchase an annuity that will pay you $25,000 per year for 10 years. If you require a 7% return, what is the most you should pay for this investment?

  Internal control dictating client personnel

An internal control dictates client personnel sign all copies of sales invoices as evidence of having agreed the price to the Master Price List.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd