Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
There is a general practitioner whose offices are located in the South Falls Professional Building. In the past, the Dr. has operated his practice with a nurse, a receptionist/secretary, and a part-time bookkeeper. The Dr. like many small-town physicians, has billed his patients and their insurance companies from his own office. The part-time bookkeeper, who works 10 hours per week, is employed exclusively for this purpose.
A Physician's Service Center has offered to take over all of the Dr. billings and collections for an annual fee of $8,000. If the Dr. accepts this offer, he will no longer need the bookkeeper. The bookkeeper's wages and fringe benefits amount to $14 per hour, and the bookkeeper works 50 weeks per year. With all the billings and collections done elsewhere, the Dr. will have two additional hours available per week to see patients. He sees an average of four patients per hour at an average fee of $35 per visit. The Dr's practice is expanding, and new patients often have to wait several weeks for an appointment. He has resisted expanding his office hours or working more than 50 weeks per year. Finally, if the Dr. signs on with the center, he will no longer need to rent a records storage facility for $100 per month.
(a) Calculate the net benefit (cost) of outsourcing the bookkeeping.
please show computation and give reasioning behind answerson january 1 2012 phil sonics corporation issued 2000000 of
The bonds, which mature on February 1, 2016, pay interest semiannually on February 1 and August 1. Porter uses the straight-line method of amortization. The bonds should be reported in the December 31, 2007 balance sheet at a carrying what value?
What type of situations may be more appropriate for application ofthe sume of the "tried and true" costing methods of the 20th century? are these industry or firm specific?
assume that denis savard inc. has the following accounts at the end of the current year.1.common stock14.accumulated
Preparation of a classified balance sheet-From the following data, prepare a classified balance sheet for Simon Company at December 31, 2006.
Dick owns a house that he rents to college students. Dick receives $750 per month rent and incurs the following expenses during the year.
The old machine has an adjusted basis of $36,000 and the new machine has a fair market value of $80,000. What is the recognized gain or loss and the basis of the new machine?
determine the amount of manufacturing overhead given the following informationa. 7750.b. 10430.c. 9750.d.
grand river corporation reported taxable income of 500000 in 20x3 and paid federal income taxes of 170000. not included
Capitalizing interest costs will have which of the following effects on a company's financial statements after the initial period?
Donkey Company manufactures two products, Standard and DeLuxe. Donkey's overhead costs consist of machining, $2,000,000; and assembling, $1,000,000. Information on the two products is:
On January 2, 2011, the Highlands Company began construction on a new manufacturing facility for its own use. The building was completed in 2012.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd