How can Excel be used to automate the calculation process? What are some of the variables that can be changed in order to alter the breakeven point? Discuss the breakeven analysis and question responses with at least 2 of your cohort colleagues.
Benchmarking for Decision-Making Discuss the following example: Your nursing home defines output as a patient day. The present volume is 18,000 patient days. The average cost per day is $95.00. Present revenues and costs are presented below. What is the breakeven inpatient days for this nursing home, assuming no profit is required? If volume goes […]