Hello and Happy Easter, I am hoping someone can help me with the following questions, I am running out of time (due at midnight tonight) and I really need help with the following problems:
5.2) Consider the data in the table below for three independent health service organizations:
RevenuesTotal Variable CostsFixed CostsTotal CostsProfit
Fill in the missing data in the chart above.
5.3) Assume that a radiologist group practice has the following cost structure:
Variable cost per procedure25
Charge (revenue) per procedure100
Furthermore, assume that the group expects to perform 7,500 procedures in the coming year.
a.) Construct the group’s base case projected P&L statement.
b.) What is the group’s contribution margin? What is its breakeven point?
c.) What volume is required to provide a pretax profit of $100,000? A pretax profit of $200,000?
5.4) General Hospital, a not for profit acute care facility, has the following cost structure for its inpatient services:
Variable cost per inpatient day200
Charge (revenue) per inpatient day1,000
a.) Construct the hospital’s base care projected P&L statement.
b.) What is the hospital’s breakeven point?
c.) What volume is required to provide a profit of $1,000,000? A profit of $500,000?
Thank you for all your help!
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