st: ACCT6500° Fal × versity.blackboard.com/webapps/assessment/take/launchjsp?cou

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st: ACCT6500° Fal × versity.blackboard.com/webapps/assessment/take/launchjsp?course assessment id- 169984.1kcourse False QUESTION 2 2 points Save Answe Consider the following data: fixed costs-$10 million and variable cost per inpatient day = $400, what revenue per inpatient day is required to obtain a profit of $1 million at a volume of 10,000 patient days? O $750 $1,000 $1,250 $1,500 $1,750 QUESTION 3 2 points Save Answer Under full cost pricing, prices are set to cover all costs, including economic costs profits) True False 2 points Save Answer QUESTION 4 The primasy goal of variance analysis is to hold managers accountable for failure to adequately control

Explanation / Answer

1000000$

Total Revenue=15Million $

B) False
Full cost pricing include all costs to run a business eg:Rent,Fixed cost,initial Outlays for purchasing and renevating location ,But fails to achive optimal profit maximization
Hence Economic costs are not inculde this ,
hence the statement is false

Sales 15000000* Less: Variable Cost(40*10000) 4000000 Contributions 11000000$ Less: Fived Cost 10000000$ Profit

1000000$

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