General hospital a non-for-profit acute care facility, has estimated the folling costs for its inpatient services.
fixed costs 10,000,000 Variable cost per inpatient 200
the hospital expects to have 15,000 inpatient days next year.
a. what the hospital underlying cost structure?
b. what are the hospital expected total cost?
c. what are the hospital estimated total costs at 12,500 inpatient days? At 17,500 inpatient days?
d. what are the average cost per inpatient day at 12,500, 15,000, and 17,500 inpatient days?