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    Cost Volume Analysis & Strategy for Melford Hospital

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    Please see the attached file titled "7-3 Background Information" for background information.

    Please see the attached file titled "7-3 Analysis" for the associated strategic role CVP analysis plays.

    Problem:

    Determine the minimum number of patient days required for pediatrics to breakeven for the year ending June 30, 2003, if the additional 20 beds are not rented. Patient demand is unknown, but assume that revenue per patient day, cost per patient day, cost per bed, and salary rates will remain the same as for the year ended June 30, 2002.

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    https://brainmass.com/business/cost-volume-profit-analysis/cost-volume-analysis-strategy-for-melford-hospital-81447

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    Solution Summary

    This solution contains computation of the minimum number of patient days required for pediatrics to break even for the year in the attached Excel file.

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