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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
st martin hospital has overall variable cost of 20% of total revenue and fixed costs of $40 million per year.
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Requirements:
1.compute the break even point expressed in total revenue.
2.a patient-day is often used to measure the volume of a hospital. suppose there are to be 40,000 patient days next year. compute the average daily revenue per patient day neccessary to break even.
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req-1
______ / ________ = Break even point in revenue
______/_________= __________
Â
req-2
______/______= daily revenue per patient
______/______=_________
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