What is the expected cost for the month of April

Assignment Help Managerial Accounting
Reference no: EM132828946

Question - Sulucan Medical Center has collected data on all of its activities for the past seven months. Data for the cardiac nursing care follow:

 

Cost

Hours of Nursing Care

September 2016

P69,500

1,700

October 2016

64,250

1,550

November 2016

52,000

1,200

December 2016

66,000

1,600

January 2017

83,000

1,800

February 2017

66,550

1,330

March 2017

79,500

1,700

Requirements -

1. Using the high-low method, calculate the variable rate per hour and the fixed cost for the nursing care activity.

2. Upon looking into the events that happened at the end of 2016, you find that the cardiology ward bought a cardiac-monitoring machine for the nursing station. A decision was also made to add a new supervisory position for the evening shift. Monthly depreciation on the monitor and the salary of the new supervisor totals P10,000. Calculate the fixed cost and variable rate applicable to November 2016 and the fixed cost and variable rate applicable to March 2017?

3. What is the expected cost for the month of April 2017 assuming that the center operates at 75,000-patient level with 1,750 hours of nursing care?

Reference no: EM132828946

Questions Cloud

What makes confident that rfp is worth pursuing : Provide the title or description of the grant for which you will apply. Add the most appropriate hyperlink (URL) for identifying the RFP.
How much revenue would be allocated to the TV : Video Planet (VP) sells a big screen TV package consisting of a 60-inch plasma TV, How much revenue would be allocated to the TV
What are some unique features of excel : What are some unique features of Excel that make it a valuable business tool?
Clear legal structure concerning intellectual property right : You are the Prime Minister of a developing country, which recently got independent and has undergone its first democratic elections. The government
What is the expected cost for the month of April : What is the expected cost for the month of April 2017 assuming that the center operates at 75,000-patient level with 1,750 hours of nursing care
Find a fashion magazine that has moved to digital : Find a fashion magazine that has moved to digital only (or that has closed completely) and share the press release (announcement) as well as your thoughts on th
Explain impact of covid as a multidisciplinary social issue : How would you explain the impact of Covid-19 as a multidisciplinary or interdisciplinary social issue? Write about your view of the interaction of impacts
Wireless mobile network : What are some things you need to think about when it comes to doing business globally, using a wireless mobile network?
Methods of six sigma and lean manufacturing : What are the aims and methods of six sigma and lean manufacturing?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Compute what was the ending work-in-process for january

What was the ending work-in-process for January? Josiah Printing Co. prints small jobs and uses a job order costing system to record its costs.

  What is the balance of accounts receivable on december

What amount of bad debts expense will Collins report in its income statement for the year? What is the balance of accounts receivable on its December

  Determine what is journal entry to record the transaction

What is the journal entry to record the transaction? Provide the example. Jade Company issues 1,000 shares of $10 par value common stock at $12 per share.

  Prepare blossom company journal entries to record

Prepare Blossom Company's journal entries to record these two transactions. (Credit account titles are automatically indented when amount is entered)

  Determine the amount of retained earnings as of July

Received invoice for paralegal services from Legal Aid Inc. for July (to be paid on August 10), $1,635. Determine the amount of retained earnings as of July

  What is the incremental income to division L

Assume the two divisions agree on a transfer price of $80.82. What is the incremental income to division L if a transfer takes place

  Advantages of the indirect method of reporting cash flows

What are the major advantages of the indirect method of reporting cash flows from operating activities?

  What are beginning finished goods inventory of jan and feb

What are Beginning Finished Goods Inventory of Jan and Feb? Tyson Chandler Company's sales budget projects unit sales of part 198Z of 9,800 units

  Determine the maximum operating income possible

Compute the break even sales that would be necessary under the proposed program to realize $60,000,000 of operating income that was earned

  Which would be observed in market

Describe two factors that would be likely to cause the price responsiveness observed in this experiment to differ from that which would be observed in market

  Report activity based costing-management

Write a report to the management team that explains how activity-based cost and management systems (ABC and ABM) would enable the management team to manage their business to achieve the goals of enhanced profits and satisfied customers.

  Prepare a journal entries for each transaction

Considering your result? Which method gives the best picture of the true earning of Jack catering? Why

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