### Break-even point

Assignment Help Macroeconomics
##### Reference no: EM131101941

Cedars Hospital has average revenue of \$180 per patient day. Variable costs are \$45 per patient day; fixed costs total \$4,320,000 per year.

a. How many patient days does the hospital need to break even?

b. What level of revenue is needed to earn a target income of \$540,000?

c. If variable costs drop to \$36 per patient day, what increase in fixed costs can be tolerated without changing the break-even point as determined in part (a)?

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