Use the following information for questions 22 through 24. C…

Use the following information for questions 22 through 24. Consider the following data for General Hospital, a tax-exempt organization: Fixed costs = $18,000,000 Variable cost per inpatient day = $1,800 Revenue per inpatient day = $3,000  What is the breakeven volume (in patient days)?

Use the following information for questions 22 through 24. C…

Use the following information for questions 22 through 24. Consider the following data for General Hospital, a tax-exempt organization:    Fixed costs = $18,000,000 Variable cost per inpatient day = $1,800 Revenue per inpatient day = $3,000  What volume of patient days is needed to generate a profit of $6 million?

Use the following information for questions 25 through 26. C…

Use the following information for questions 25 through 26. Consider the following cost and revenue data for Northern Memorial Hospital, a tax-exempt organization: Fixed costs = $40,000,000. Variable cost per inpatient day = $5,000 Revenue per inpatient day = $7,000. What is the expected profit (loss) at a volume of 30,000 inpatient days?