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!
Question - Albany Clinic has 2 support departments and three patient services departments. The direct cost of each of the support departments are as follows:
Administration $2,500,000
Maintenance 1,200,000
These costs must be allocated to Albany Clinic's 3 revenue producing departments. Two cost drivers are under consideration: patient services revenue and square footage. Selected data for the 3 patient services departments are as follows:
Patient Services Department
Patient Revenue
Space (square feet)
Routine Care
$25,000,000
500,000
Intensive Care
$11,000,000
35,000
Ambulatory Care
$1,500,000
175,000
Total for Revenue depts
$37,500,000
710,000
Assume the Clinic uses the direct method for cost allocation.
1. What is the cost pool?
2. What is the allocation rate if: (1) patient service revenue is used as the cost driver; (2) square footage is used as the cost driver?
3. What is the dollar allocation to each patient services department if patient services revenue is used as the cost driver?
4. What is the dollar allocation to each patient services department if square footage is used as the cost driver?
Issued 2,000 shares of $10 par common stock for $25 per share. How many shares of common stock had been issued at the end of the period
Discuss both internal and external users of the financial statements. Explain how external stakeholders use financial information
hannon company makes swimsuits and sells these suits directly to retailers. although hannon has a variety of suits it
What laws have change Auditing IT today? How does ethics play a role in Accounting Information Systems? What are the steps to an REA approach program
he cost of capital for ACME Co. is 8%. Discuss your findings and recommendations. Were your recommendations the same for each method? Why or why not
Total manufacturing costs are $160,000. Total materials costs are $120,000. How much is the conversion cost per unit
What is the amount that Cooper Enterprises should report as its pension liability on its balance sheet as of December 31, 2018
Use T-accounts to record the starting balances and the offsetting entries for the transactions. What is the final amount in Debt
Sonya Fuentez, an IRS-enrolled agent, is preparing an annual income tax return for Carlito Alverez. Sonya is a little apprehensive about the engagement because she's heard rumor that Alverez is a major drug trafficker with roots in Colombia.
for this discussion assume the role of an investor. how would you know whether the company you are considering to
What is the increase in the share capital and share premium, respectively, as a result of the bond conversion? Clay Company had P600.000 convertible 8% bonds
What was the total amount of manufacturing costs assigned to the 8,000 units in the ending work in process
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