Use the Information Below to Answer the Following Question(s)

question 154

Multiple Choice

Use the information below to answer the following question(s) .The following information is for Winnie Company:

-A hospital receives $1,000,000 monthly in funding from various sources.Annual fixed costs are projected to be $5,000,000 and the variable cost per patient, across all departments is projected to be $534.80.Last year they treated 11,500 patients.The hospital expects a 5% increase in patients this year.A governing bylaw requires that the hospital be run as a non-profit organization.What is the maximum number of patients the hospital can expect to be able to treat assuming the operating income is zero?

• A)11,500
• B)12,079
• C)13,000
• D)more than 13,000
• E)CVP analysis is not relevant for non-profit organizations.

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Definitions:

Functionalism

A perspective in psychology that focuses on how mental and behavioral processes function to enable individuals to adapt to their environments.

Animal Training

The practice of teaching animals specific responses to specific conditions or stimuli, often used for companionship, service, or entertainment.

Emotional Reactions

The spontaneous and often unconscious responses to events or stimuli that involve feelings, physiological arousal, and changes in behavior.

Reaction Time

The amount of time it takes to respond to a stimulus.