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How much should the hospital report as compensation expense

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Reference no: EM132730117

Problem 1: Members of the local high school's "HealthOccupation Students of America" club staffed the gift shop and children's waiting rooms. If the hospital had to hire and pay employees to provide these services (all of which were needed for hospital operations), the estimated cost would have been approximately $168,000. How much should the hospital report as compensation expense? Explain.

Reference no: EM132730117

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