Fixed cost 5000000 variable cost per patient day 500, Financial Management

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Fixed cost 5000000 variable cost per patient day 500

Fixed Cost = $5,000,000 Variable Cost Per Patient Day = $500 Revenue Per Patient Day = $750 2013 Patient Days = 34,000

1. What are the total costs for the organization?

2. Is the hospital making a profit or loss? What is the profit/ loss?

3. What is the total contribution margin at 34,000 patient days?

4. What is the volume breakeven in patient days using the cost information given?

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Financial Management: Fixed cost 5000000 variable cost per patient day 500

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Financial Management: Fixed cost 5000000 variable cost per patient day 500

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