Deadwood Hospital Has Overall Variable Costs of 50% of Total

question 61

Multiple Choice

Deadwood Hospital has overall variable costs of 50% of total revenues and fixed costs of $40 million per year.There are 40,000 patient-days estimated for next year.The break-even point expressed in total revenue is _____.

• A)$80 million
• B)$40 million
• C)$10 million
• D)none of these answers is correct

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Definitions:

Authority Rule

A system or principle governing conduct or activity, where decisions are made based on hierarchical position or statutory power.

Lack of Response

An absence of reaction or feedback following an action, query, or request, potentially indicating disinterest or disregard.

Social Pressure

The influence exerted by society or groups on individuals to make them behave in certain ways.

Minority Domination

A situation where a smaller or less powerful group controls or heavily influences decision-making or outcomes within a larger group or organization.