Medina County Hospital has overall variable costs of 75% of total revenues and fixed costs of $40 million per year.There are 40,000 patient-days estimated for next year.The average daily revenue per patient necessary to breakeven is _____.
A)$1,000
B)$4,000
C)$250
D)$20,000

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The Answer of Medina County Hospital has overall variable costs of 75% of total revenues and fixed costs of $40 million per year.There are 40,000 patient-days estimated for next year.The average daily revenue per patient necessary to breakeven is _____.
A)$1,000
B)$4,000
C)$250
D)$20,000

Medina County Hospital Has Overall Variable Costs of 75% of Total