What is dollar allocation to each patient service department

Assignment Help Financial Accounting
Reference no: EM132484155

Assume that three patient service departments are Adult Services, Pediatric Services, and Other Services. The patient services revenue and hours of housekeeping services for each department are as follows:

                                  Department Revenue              Housekeeping Hours

Adult Services .        $3,000,000                               1,500

Pediatric Services       1,5000,000                             3,000

Other Services .          500,000                                  500

Total                      $5,000,000                                5,000

Question a. What is the dollar allocation to each patient services department if patient services revenue is used as the cost driver?

Question b. What is the dollar allocation to each patient services department if hours of housekeeping support are used as the cost driver?

Question c. What is the dollar difference in the amount allocated to each department between the two drivers ?

Question d. Which of the two drivers is better? Why?

Reference no: EM132484155

Questions Cloud

What should tangible assets include : What would ownership of debt instruments of the government and other companies that can be readily converted to cash be best reported as cash
Discussing iam in a federated cloud application : Write an essay of at least 500 words discussing IAM in a federated cloud application. Use the five-paragraph format. Each paragraph must have at least.
What dividend payout ratio is necessary to achieve : What dividend payout ratio is necessary to achieve this growth rate under these constraints? (A negative answer should be indicated by a minus sign
Write a brief paper about rsa and its methodology : Using the Web or other resources, write a brief paper about RSA, its history, its methodology, and where it is used. Discuss only this point in 500 words.
What is dollar allocation to each patient service department : What is the dollar allocation to each patient services department if patient services revenue is used as the cost driver? Which of the two drivers is better?
How much cash would it have generated : If the company had been able to sell off enough of its fixed assets at book value, so that it was operating at full capacity.
Define firewall security techniques : Using the Web or other resources, do a bit of research on the methodologies that Microsoft Windows firewall uses. Define a firewall. Define firewall security.
Explain why it is often more beneficial for people : Explain why it is often more beneficial for people with low incomes to save for retirement in a TFSA instead of an RRSP.
What is new sales price if the eur depreciates : Local sales price in the Eurozone is EUR 5.00 per unit of output, what is your new sales price if the EUR depreciates by 15% relative to the USD?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Describe the technique the company is using that can

describe the technique the company is using that can constitute a financial shenanigan. indicate both the technique

  Rent and other fixed expenses

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid $9.90 per hour and works a 40-hour week and a 50-week year, regardless of the number of haircu..

  What are the risks involved if someone does not purchase

What are the risks involved if someone does not purchase long term care insurance

  Investment in each stock

Two stocks A and B. The anticipated annual return for a $1,000 investment in each stock has the following probability distribution. Probability Returns Stock A Stock B

  Prepare a summary of the cpp reporting requirements

Prepare a summary of the CPP reporting requirements on T4 information slips - Any responses taken directly from the external government resource

  What is the net impact on werner net income for quarter

What is the net impact on Werner's net income for the quarter ended June 30, 2011 as a result of this forward contract hedge of a firm commitment?

  What are the break-even points in sales dollars

A multiproduct company had sales of $40,000 and variable costs of $10,000 for product A and sales of $80,000 and variable costs of $50,000 for product B. If fixed costs were $240,000, what are the break-even points in sales dollars for A and B, respe..

  Question 1the current ratio for a company with current

question 1the current ratio for a company with current assets of 70000 quick assets of 30000 net assets of 150000

  Results as they relate to international diversification

Using a recent edition of Barron’s, examine the weekly percentage change in the stock price indexes for Japan, Germany, United Kingdom, and the United States. For each of three weeks, which foreign series moved most closely with the U.S. series? Whic..

  What is the present value of all your profits

Your business is expected to generate a $40.000 profit at the end of year 1 and profit will increase by 10% per year through year 10. if you can earn 5% annual interest compounded annually, what is the present value of all your profits over the next ..

  What would you do to earn a riskless profit

If you find that the British Pound to New Zealand dollar exchange rate is 0.49 GBP/NZD, what would you do to earn a riskless profit

  Classification of financial statement items

Carnival Corporation & plc is one of the largest cruise companies in the world with such well-known brands as Carnival Cruise Lines, Holland America Line, and Princess Cruises. Classify each of the following items found on the company's November 30, ..

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!

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