Assume the following cost and revenue data for General Hospital

Assume the following cost and revenue data for General Hospital

Assume the following cost and revenue data for General Hospital

Subject: Business    / Finance
Question
Assume the following cost and revenue data for General Hospital: fixed costs = $12 million; variable cost per inpatient day = $300; and revenue per inpatient day = $1,500. What is the breakeven volume (in patient days)?