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Prepare the two contribution margin income statements

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Problem 1: Assuming that 20% of the hospital's inpatient days are derived from a managed care plan and that the managed care entity desires a 25% discount in the charge fee, prepare the following two Contribution Margin Income Statements showing:

  1. the projected profit (loss) for the hospital including the 20% of managed care inpatient days and the corresponding charge (fee) discount (reduction).

Reference no: EM132670084

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