User Account

All Pages

What is the amount of profit for general hospital

Assignment Help Financial Accounting
Reference no: EM132739416

General Hospital, a non-for-profit acute care facility, has the following cost structure for its inpatients services:

Fixed costs $8,415,000
Overhead $1,500,000
Variable cost per inpatient day $400
Charge (revenue) per inpatient day $1,000

  • The Hospital expects to have a patient load of 15,000 inpatient days next year.

Problem 1: What is the amount of profit for General Hospital? (Just number, can include "+/-" sign, but no "$," no "," sign)

Problem 2: What is the Hospital's breakeven volume when profit is 816,000? (Just number, can include "+/-" sign, but no "$," no "," sign)

Problem 3: What is the amount of total contribution margin for General Hospital?

Reference no: EM132739416

Questions Cloud

What is dollar allocation to pediatric services department : What is the dollar allocation to Pediatric Services Department? The Human Resource Department of BestCare Clinic had $637,500 in direct costs
Find what per visit price must be set to earn annual profit : Find What per visit price must be set to earn an annual profit of $200,000? (Just number, no other signs such as "$," round to two digits after decimal point)
Why population age distributions of the world have changed : How and why population age distributions of the World and a selection of countries have changed over time, and projected future changes to their age.
Explain briefly the causes and symptoms of your disorder : Explain briefly the causes and symptoms of your disorder or syndrome. What populations are most affected by it? Are there any treatments being conducted
What is the amount of profit for general hospital : What is the amount of total contribution margin for General Hospital? What is the Hospital's breakeven volume when profit is 816,000?
Develop a script that someone will read to the legislators : Develop a script that someone will read to the legislators. Be creative and passionate as you advocate for the needs of your family.
Design an ad on adobe photoshop for hiring employees : Choose any business of your choice, which wants to operate in your country (pakistan). Being a HR manager design an ad on Adobe photoshop for hiring employees.
Critical review of the importance of inquiry-based learning : Identify and demonstrate understanding of different organisational and legal forms and specifically to identify similarities and differences
Record each transaction in the accounting equation : Record each transaction in the accounting equation using the following account titles: Cash, Accounts Receivable, Office Supplies

Reviews

Write a Review

Financial Accounting Questions & Answers

  Hedging of an existing asset-cash flow hedges-interest rate

Wilson Company has 100,000 units of widgets in its inventory on October 1, 2008. Wilson purchased them for $1 per unit one month ago. It hedges the value of the widgets by entering into a forward contract to sell 100,000 widgets on January 31, 2009, ..

  Calculate the present value of coupon bond

Calculate the present value of a $1,000 zero-coupon bond with five years to maturity if the yield to maturity is 6%.

  What is comfy home net cash from operating activities

The company did not take out any new loans, but paid off part of an existing loan with cash. What is Comfy Home's net cash from operating activities?

  Calculate the net present value of the investment

Calculate the Net Present Value of the investment, knowing that inflation is 3% cumulative annually and that the required profitability in the absence

  How should the information on biological assets be presented

How should the information on biological assets be presented in the financial statement according to MFRS 141 standard and give the format to record

  Why do we use this procedure

What is one of the analytical procedures commonly used when auditing accounts in the inventory and warehousing cycle? Why do we use this procedure (i.e., what does it tell us)?

  What tax issues should jennelle and paula consider

Jennelle and Paula are equal partners in the J&P Manufacturing Partnership.- What tax issues should Jennelle and Paula consider with respect to the incorporation?

  Compute how much will need to save each year

Find If they make annual payments into a savings plan, how much will they need to save each year? Assume the first payment comes in 1 year.

  Evaluate the implications of the transfer pricing policies

Evaluate and discuss the implications of the following transfer pricing policies: Transfer price = cost plus a mark-up for the selling division Transfer price = fair market value.

  Deferral for prepaid expenses and deferred revenues

Explain why companies sometimes recognize deferral for prepaid expenses and deferred revenues. Give an example of an adjusting entry to update each of these items at year-end Explain why companies sometimes recognize accruals for accrued expenses and..

  Prepare adjusting entry to record the accrual of interest

Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2021. Prepare the adjusting entry to record the accrual

  How large a loss in dollar terms will existing faro

How large a loss in dollar terms will existing FARO shareholders experience on the announcement date, based on studies that show losses are 30%

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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