Hospital budged and actual expenses and patient volume

Assignment Help Financial Accounting

Reference no: EM13823334

CCC hospital budged and actual expenses and patient volume fo 2011 are:

2011 static budget:

expenses $500,000

patient volume 50,000

2011 actual results

expenses $650,000

patient volume 60,000

Assuming all expenses are variable, the portion of the total variance that cannot be explained by the difference in patient volume is------

$50,000 unfavorable

$50,000 favorable

$100, 000 unfavorable

$100,000 favorable

$150,000 unfavorable

Reference no: EM13823334

Questions Cloud

How strategies you have suggested are engaging to diverse : Explain how the strategies you've suggested are engaging to diverse learners. Cite scholarly sources to support how your strategies are examples of differentiation.

Techniques using the mean absolute deviation : Use the 3-day weighted moving average method for forecasting days 4-7. Use Weight 1 day ago = 2, Weight 2 days ago = 4, and Weight 3 days ago = 3. Compare the techniques using the mean absolute deviation (MAD).

Describe the standards for english language art : Describe (in general) the standards for English language arts. Summarize the Common Core State Standards initiative including their purpose (i.e., the expectations of the CCSS) and academic impact.

In variance analysis it is possible for the volume variance : In variance analysis it is possible for the volume variance to be negative and the management variance to be positive. Providers accepting capitates contracts need to receive a PMPM premium sufficient to cover medical costs, administrative cost and a..

Hospital budged and actual expenses and patient volume : CCC hospital budged and actual expenses and patient volume fo 2011 are: Assuming all expenses are variable, the portion of the total variance that cannot be explained by the difference in patient volume is------

What are the pros and cons of a reward system : What are the pros and cons of a reward system? Discussion should include tangible/extrinsic (candy, stickers, etc.), social/intrinsic (praise), and privileges (time).

Using the straight-line method of depreciation : Equipment acquired on January 4, 2011, at a cost of $298,100, has an estimated useful life of nine years and an estimated residual value of $38,900. What was the annual amount of depreciation for the years 2011, 2012, and 2013, using the straight-lin..

Straight-line method and units-of-output method : Razar Sharp Company purchased equipment on July 1, 2012, for $58,320. The equipment was expected to have a useful life of three years, or 5,400 operating hours, and a residual value of $1,620. Determine the amount of depreciation expense for the year..

Question regarding the apportionment problem : You are a census officer in a newly democratic nation and you have been charged with using the census data from the table below to determine how 100 congressional seats should be divided among the 10 states of the union.

User Account

All Pages