User Account

All Pages

Determine the activity cost associated with each patient

Assignment Help Accounting Basics
Reference no: EM133144323

Question - Crosswinds Hospital plans to use activity-based costing to assign hospital indirect costs to the care of patients. The hospital has identified the following activities and activity rates for the hospital indirect costs:

Activity

Activity Rate

Room and meals

$228 per day

Radiology

$227 per image

Pharmacy

$50 per physician order

Chemistry lab

$83 per test

Operating room

$918 per operating room hour

The activity usage information associated with the two patients is as follows:

 

Abel Putin

Cheryl Umit

Number of days

6 days

3 days

Number of images

3 images

2 images

Number of physician orders

6 orders

1 orders

Number of tests

5 tests

4 tests

Number of operating room hours

7 hours

4 hours

Required -

a. Determine the activity cost associated with each patient. If required, round all per unit amounts to the nearest cent.

b. Why is the total activity cost different for the two patients?

Reference no: EM133144323

Questions Cloud

Two different versions of the same pub : In the following 2 questions, there are two different versions of the same pub/restaurant, "the Bullfrog"
Blockchain and cryptocurrency hold immense promise : As new trends in the world of finance, blockchain and cryptocurrency hold immense promise for bringing prosperity into our world.
When should a coder generate a physician query : SCENARIO: Diego and Michelle were chatting at their cubicles before the coding manager came in for the day. They were having a discussion about the physician qu
Create a balance scored card for the business idea : Creating a company that will offer door to door delivery service. We hope to focus on fast and convenient medium and short distance delivery, including items an
Determine the activity cost associated with each patient : Determine the activity cost associated with each patient. If required, round all per unit amounts to the nearest cent
Objectives of community and economic development : What are the objectives of community and economic development?
Discuss the experimental design : Discuss the Experimental Design. In particular, you should explain the type of experiment used by the authors, the treatments chosen and the tasks
The qualities of leader such as being an innovator : The qualities of a leader such as being an innovator, strategist, or intelligent cannot stand alone in making a leader a great and successful leader
Submit a bibliography of research sources : Prepare and submit a bibliography of research sources that you plan to use for the Portfolio Project. The bibliography should include at least 10 credible refer

Reviews

Write a Review

Accounting Basics Questions & Answers

  What are the factors that are causing many companies to

what are the factors that are causing many companies to refine their costing systems to obtain more accurate measures

  Briefly define about the maximum daily price range

Briefly define each of the following: Maximum daily price range.

  Amount of working capital required

Managing working capital effectively is what keeps good businesses from going bankrupt. So how does management determine the total amount of working capital required?

  Prepare appropriate journal entries for Kingbird Industries

Kingbird Industries purchased all the assets and liabilities of Protector Goods for $1,013,000 cash: Prepare appropriate journal entries for Kingbird Industries

  What amount of loss on realization should be allocated to a

After all noncash assets are sold and all liabilities are paid, there is a cash balance of $80,000. What amount of loss on realization should be allocated to A?

  Find the cost of wages incurred during the year

Finding Financial Information as an Investor You are evaluating your current portfolio of investments to determine those that are not performing.

  Find the LIFO effect

The ending inventory on December 31 is $29,980 at FIFO cost and $25,810 at LIFO cost. Find the LIFO effect

  Calculate cost of ending inventory under absorption costing

Inventory Valuation under Absorption and Variable Costing Sandrimo Company produced 70,000 units last year. The company sold 67,600 units.

  Review Amazon most recent statement of cash flows

Review Amazon's most recent statement of cash flows. Be prepared to discuss. Review the company's operating, investing, and financing activities

  How much dividend was distributed to preferred shareholders

In 2010, Clot declared and paid dividends of $6,000. How much of the 2010 dividend was distributed to preferred shareholders

  Prepare an income statement tor the year ending

Based on the above information, prepare an Income Statement tor the year ending 2021 for Concepcion Trading Company

  What amount should be reported as goodwill in the statement

As a result of the transaction, what amount should be reported as goodwill in the statement of financial position at current year-end?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd