hat is the break-even in patient days for this nursing home, assuming no profit is required?

hat is the break-even in patient days for this nursing home, assuming no profit is required?

Your nursing home defines output as a patient day. Its presentvolume is 26,000 patient days. The average cost per day is $90.00.Present revenues and costs are presented below:
Revenues AmountCharge Patients (6,000 Patient Days) $750,000Fixed-Price Patients (20,000 Patient Days) $1,800,000Total Net Revenues $2,550,000
Costs AmountFixed Costs $1,170,000Variable Costs ($45/PD) $1,170,000Total ($90/PD) $2,340,000
Net Income $210,000
Using this information, answer the following two questions:a. What is the break-even in patient days for this nursinghome, assuming no profit is required?
b. If volume goes up 10% to 28,600 patient days and payermix is unchanged, what will net income be?

"You need a similar assignment done from scratch? Our qualified writers will help you with a guaranteed AI-free & plagiarism-free A+ quality paper, Confidentiality, Timely delivery & Livechat/phone Support.


Discount Code: CIPD30



Click ORDER NOW..

order custom paper