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A nursing administrator’s salary is $100,000 per year at a 100-bed facility. A major addition is...

A nursing administrator’s salary is $100,000 per year at a 100-bed facility. A major addition is added to the nursing facility that increases the total bed count to 160. Assuming 100% occupancy rate and that the administrator’s salary remains the same, what is the decrease in the fixed cost per resident related to the administrator’s salary that is achieved as a result of the increased bed count?
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Answer #1

decrease in the fixed cost per resident = administrator’s salary*(1/bed before-1/bed after)

=100000*(1/100-1/160)

=375

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