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1. Davenport-University HCMG 750 Week-3
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HCMG 750 Week 3 Case Study 1
Case Study#1 – BreakEvenAnalysis
Scenario:(hypothetical)
Paperdue – day7
Break-evenexercise
Break-EvenAnalysisorCostVolume ProfitAnalysis(CVP)
The CaliforniaMedical Hospital isafull service hospital inBurbank,CA.KathyPotts,the Chief Surgeon
and ReginaJohnson,the Hospital Administrator,have beenworkingona projecttobring a new product
to theirhospital,knee replacements,toexpandthe servicesprovidedinhopesof bringinginadditional
revenue.
Aftermuchanalysisandmarketstudiesthe twoare readyto presenttheirfindingstothe board.You are
the Finance Directorwhohas putthe informationtogether.
Theyhave decidedthata newknee replacementwill cost$17,000. The suppliesusedwillcostthe
hospital $9,500 and the sellingexpensespaidamountto$3,000 perknee.The wingtheywill use will
rentfor $15,500 permonthand the surgeonwill receiveafixedsalaryof $25,000 per month.(Show
your workon all problems)

2. 1. Determine the numberof knee replacements(inunits) thatparticularwingmustperformeachmonth
to breakeven.(Break-EvenPointorBEP).Inotherwordshow many knee replacementsmustthe
surgeonperformeachmonthto break-even?
2. Determine the numberof knee replacementsthatparticularwingmustperforminordertogenerate
a profitof $100,000 permonth.
3. Assume thatthe surgeoncannow opena cliniconhisownwiththe followingcosts:
Variable costs= $9,500 perknee
One additional employee atacost of $1,000 permonth
Everythingelse remainsthe same fromabove
Determine the numberof knee replacementstobreak-even.
4. Determine the numberof knee replacementsneededtogenerate aprofitof $100,000 permonth
What scenariowouldyourecommendandwhy?
5. Please graph scenario#1 only.You may use excel ordraw and attach the graph. I encourage youto try
MS Excel forthe experience.Label the XandY axis.Plotthe break-evenpointandshow the fixedcost
line.( I onlywantto see three linesonthe graphandthe restshouldbe labelled)
6. Define breakevenanalysisanditsimportance inthe healthcare industry
7. Define variable costs
8. Define contributionmargin
9. Define fixedcosts
10. Compare andcontrast a variance analysisanda sensitivityanalysis.
http://www.justquestionanswer.com/viewanswer_detail/HCMG-750-Case-Study-1-Case-Study-1-Break-
Even-Analys-41372
HCMG750 WEEK 3 CASE
Case Study#1 – BreakEvenAnalysis

3. Break-evenexercise Break-EvenAnalysisorCostVolume ProfitAnalysis(CVP) The CaliforniaMedical
Hospital isa full service hospital inBurbank,CA.KathyPotts,the Chief SurgeonandReginaJohnson,the
Hospital Administrator,have beenworkingonaprojectto bringa new productto theirhospital,knee
replacements,toexpandthe servicesprovidedinhopesof bringinginadditionalrevenue.Aftermuch
analysisandmarketstudiesthe twoare readyto presenttheirfindingstothe board.You are the Finance
Directorwhohas put the informationtogether.
Theyhave decidedthata newknee replacementwillcost$17,000. The suppliesusedwill costthe
hospital $9,500 and the sellingexpensespaidamountto$3,000 per knee.The wingtheywill use will
rentfor $15,500 permonthand the surgeonwill receiveafixedsalaryof $25,000 per month.(Show
your workon all problems) Determine the numberof knee replacements(inunits)thatparticularwing
mustperformeachmonth to breakeven.
(Break-EvenPointorBEP).Inotherwordshow many knee replacementsmustthe surgeonperformeach
monthto break-even?Determine the numberof knee replacementsthatparticularwingmustperform
inorder to generate aprofitof $100,000 per month.Assume thatthe surgeoncannow opena clinicon
hisownwiththe followingcosts:Variable costs=$9,500 per knee One additional employee ata costof
$1,000 per monthEverythingelse remainsthe same fromabove Determinethe numberof knee
replacementstobreak-even.
Determine the numberof knee replacementsneededtogenerate aprofitof $100,000 per monthWhat
scenariowouldyourecommendandwhy?Pleasegraphscenario#1 only.Youmay use excel ordraw and
attach the graph. I encourage youto try MS Excel for the experience.Label the XandY axis.Plotthe
break-evenpointandshowthe fixedcostline.
( I onlywantto see three linesonthe graphand the rest shouldbe labelled) 6.Define breakeven
analysisanditsimportance inthe healthcare industry7. Define variablecosts8.Define contribution
margin9. Define fixedcosts10.Compare and contrasta variance analysisanda sensitivityanalysis.Your
papermust be submittedasa MicrosoftWord .
doc document.If youare usingMicrosoft2007 software youmustsave (“save as”) yourworkin an
earlierversionof Wordtoensure youturn inthe .doc format.Try thisearlyto make sure you are able to
save your workas a .doc file.AnyQuestions?Use the “HelpDeskForum”.
http://www.justquestionanswer.com/viewanswer_detail/HCMG-750-WEEK-3-CASE-Case-Study-1-Break-
Even-Analysi-51506

4. HCMG Week 3 750 reflection
Reflectonthe lastseven[7] weeksof thisclassand postyourthoughts.Include anyepiphaniesaswell
as any drudgery.Remember:thisreflectionshouldbe aminimumof 300 wordsin length.
http://www.justquestionanswer.com/viewanswer_detail/HCMG-750-reflection-Reflect-on-the-last-
seven-7-weeks-o-51685
HCMG750 week 3 assignment
Case Study#1 – BreakEvenAnalysisScenario:The BeDazzledBoutiqueisatouriststopin downtown
Belleville,MI.KathyPotts,the ownerof the shop,sellshand-wovenblanketsforanaverage price of $30
perblanket.Kathybuysthe blanketsfromweaversatanaverage cost of $21. Inaddition,she hasselling
expensesof $3 per blanket.Kathyrentsthe buildingfor$300 permonthand pays one employee afixed
salaryof $500 permonth.1. Determine the numberof blanketsKathymustselltobreakeven.2.
Determine the numberof blanketsKathymustsell togenerate aprofitof $1,000 per month.3. Prepare
a graph to showthe break-even(BE) pointandfixedcostlines.Pleaselabelthe XandY axis,the variable
cost area andthe lossarea.4. Assume thatKathycan produce and sell herownblanketsata total
variable costof $16 perblanket,butthat he wouldneedtohire one additional employee ata monthly
salaryof $600. a. Determine the numberof blanketsKathymustsell tobreakeven.b.Determinethe
numberof blanketsKathymustsell togenerate aprofitof $1,000 per month5. Define breakeven
analysisanditsimportance inthe healthcare industry6. Define variablecosts7.
Define contributionmargin8.Define fixedcostsYourpapermustbe submitted asa MicrosoftWord .doc
document.If youare usingMicrosoft2007 software youmustsave (“save as”) yourworkin an earlier
versionof Wordto ensure youturn inthe .doc format.Try thisearlyto make sure you are able to save
your workas a .doc file. AnyQuestions?Use the “HelpDeskForum”.
http://www.justquestionanswer.com/viewanswer_detail/HCMG-750-week-3-assignment-Case-Study-1-
Break-Even-A-52876

5. HCMG750 Week 3 case study 3
Case Study#1 – BreakEvenAnalysisScenario:(hypothetical)
Break-evenexercise Break-EvenAnalysisorCostVolume ProfitAnalysis(CVP) The CaliforniaMedical
Hospital isa full service hospital inBurbank,CA.KathyPotts,the Chief SurgeonandReginaJohnson,the
Hospital Administrator,have beenworkingonaprojectto bringa new productto theirhospital,knee
replacements,toexpandthe servicesprovidedinhopesof bringinginadditionalrevenue.Aftermuch
analysisandmarketstudiesthe twoare readyto presenttheirfindingstothe board.You are the Finance
Directorwhohas put the informationtogether.
Theyhave decidedthata newknee replacementwillcost$17,000. The suppliesused will costthe
hospital $9,500 and the sellingexpensespaidamountto$3,000 perknee.The wingtheywill use will
rentfor $15,500 permonthand the surgeonwill receiveafixedsalaryof $25,000 per month.(Show
your workon all problems) 1.Determinethe numberof knee replacements(inunits) thatparticular
wingmustperformeachmonthto breakeven.
(Break-EvenPointorBEP).Inotherwordshow many knee replacementsmustthe surgeonperformeach
monthto break-even?2.Determine the numberof knee replacementsthatparticularwingmust
performinorderto generate aprofitof $100,000 permonth.3. Assume thatthe surgeoncan now open
a clinicon hisownwiththe followingcosts:Variable costs=$9,500 per knee One additional employeeat
a cost of $1,000 permonth Everythingelseremainsthe same fromabove Determinethe numberof
knee replacementstobreak-even.4.
Determine the numberof knee replacementsneededtogenerate aprofitof $100,000 per monthWhat
scenariowouldyourecommendandwhy?5.Please graphscenario#1 only.You mayuse excel ordraw
and attach the graph. I encourage youtotry MS Excel forthe experience.Label the XandY axis.Plotthe
break-evenpointandshowthe fixedcostline.( Ionlywantto see three linesonthe graphandthe rest
shouldbe labelled) 6.Definebreakevenanalysisanditsimportance inthe healthcare industry7.Define
variable costs8. Define contributionmargin9.Define fixedcosts10.Compare and contrasta variance
analysisanda sensitivityanalysis.
http://www.justquestionanswer.com/viewanswer_detail/HCMG-750-case-study-3-Case-Study-1-Break-
Even-Analys-53160
HCMG750 week 3 case analysis

6. Case Study#1 – BreakEvenAnalysisScenario:(hypothetical) Break-evenexercise Break-EvenAnalysisor
Cost Volume ProfitAnalysis(CVP) The CaliforniaMedical Hospital isafull service hospital inBurbank,CA.
KathyPotts,the Chief SurgeonandReginaJohnson,the Hospital Administrator,have beenworkingona
projectto bringa newproductto theirhospital,knee replacements,toexpandthe servicesprovidedin
hopesof bringinginadditional revenue.Aftermuchanalysisandmarketstudiesthe twoare readyto
presenttheirfindingstothe board.You are the Finance Directorwhohasput the informationtogether.
Theyhave decidedthata newknee replacementwill cost$17,000. The suppliesusedwillcostthe
hospital $9,500 and the sellingexpensespaidamountto$3,000 perknee.The wingtheywill use will
rentfor $15,500 permonthand the surgeonwill receiveafixedsalaryof $25,000 per month.(Show
your workon all problems) 1.Determinethe numberof knee replacements(inunits) thatparticular
wingmustperformeachmonthto breakeven.
(Break-EvenPointorBEP).Inotherwordshow many knee replacementsmustthe surgeonperformeach
monthto break-even?2.Determine the numberof knee replacementsthatparticularwingmust
performinorderto generate aprofitof $100,000 permonth.3. Assume thatthe surgeoncan now open
a clinicon hisownwiththe followingcosts:Variable costs=$9,500 per knee One additional employeeat
a cost of $1,000 permonth Everythingelseremainsthe same fromabove Determinethe numberof
knee replacementstobreak-even.4.
Determine the numberof knee replacementsneededtogenerate aprofitof $100,000 per monthWhat
scenariowouldyourecommendandwhy?5.Please graphscenario#1 only.You mayuse excel ordraw
and attach the graph. I encourage youtotry MS Excel forthe experience.Label the XandY axis.Plotthe
break-evenpointandshowthe fixedcostline.( Ionlywantto see three linesonthe graphandthe rest
shouldbe labelled) 6.Definebreakevenanalysisanditsimportance inthe healthcare industry7.Define
variable costs8. Define contributionmargin9.
Define fixedcosts10. Compare andcontrast a variance analysisanda sensitivityanalysis.Yourpaper
mustbe submitted asa MicrosoftWord .docdocument.If youare usingMicrosoft2007 software you
mustsave (“save as”) yourwork inan earlierversionof Wordtoensure youturn inthe .doc format.Try
thisearlyto make sure youare able to save yourwork as a .doc file.AnyQuestions?Use the “HelpDesk
Forum”.
http://www.justquestionanswer.com/viewanswer_detail/HCMG-750-week-3-case-analysis-Case-Study-
1-Break-Eve-53356