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?