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Sunday, December 22, 2013

Profit and Loss

Susquehanna Medical Center operates a general hospital in northeastern Pennsylvania. The medical center also rents space and recedes to each owned entities rendering specialized services, much(prenominal) as pediatrics and Psychiatric C ar. Susquehanna charges separately separate entity for common services, such as uncomplainings meals and laundry, and for administrative services, such as billings and collections. Space and bed rentals ar fixed charges for the year, establish on bed readiness rented to each entity. Susquehanna Medical Center charged the following(a) be to pediatric medicine for the year terminate June 30, 20x5: During the year cease June 30, 20x5, paediatrics charged each patient an average of $360 per day, had a capacity of 60 beds, and had gross of $7.2 million for 365 long time. In addition, Pediatrics directly employed forcefulness with the following yearbook salary costs per employee: oversight nurses, $30,000; nurses, $24,000; and aides, $10,800. Susquehanna Medical Center has the following stripped departmental personnel requirements, based on issue forth annual bud shoot fored patient days: Pediatrics always employs completely the minimum number of take personnel. Salaries of supervising nurses, nurses, and aides atomic number 18 therefore fixed deep down ranges of annual patient days.
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Pediatrics operated at 100 share capacity on 90 days during the year ended June 30, 20x5. Administrators estimate that on these 90 days, Pediatrics could have fill up another(prenominal) 20 beds above capacity. Susquehanna Medical Center has an superer ogatory 20 beds available for rent for the y! ear ending June 30, 20x6. such supernumerary rental would increase Pediatrics fixed charges based on bed capacity. (In the following requirements, ignore income taxes.) Required: 1. deem the minimum number of patient days required for Pediatrics to transmutation even for the year ending June 30, 20x6, if the additional 20 beds are not rented. Patient demand is unknown, but weary that revenue per patient day, cost per patient day, cost per bed, and...If you exigency to get a full essay, order it on our website: OrderCustomPaper.com

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