General Hospital has variable costs of 90% of total revenues and total fixed costs of $50 million per year.There are 50,000 patient-days estimated for next year.What is the average daily revenue per patient necessary to breakeven?
A)$250
B)$1,000
C)$4,000
D)$10,000

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The Answer of General Hospital has variable costs of 90% of total revenues and total fixed costs of $50 million per year.There are 50,000 patient-days estimated for next year.What is the average daily revenue per patient necessary to breakeven?
A)$250
B)$1,000
C)$4,000
D)$10,000

General Hospital Has Variable Costs of 90% of Total Revenues