hat is the break-even in patient days for this nursing home, assuming no profit is required?
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Your nursing home defines output as a patient day. Its present volume is 26,000 patient days. The average cost per day is $90.00. Present revenues and costs are presented below: Revenues Amount Charge Patients (6,000 Patient Days) $750,000 Fixed-Price Patients (20,000 Patient Days) $1,800,000 Total Net Revenues $2,550,000 Costs Amount Fixed Costs $1,170,000 Variable Costs […]
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