What is the total gain in qalys

Assignment Help Managerial Accounting
Reference no: EM133534117

Question: If a fictional treatment costs a total of $45,000 at today's value and increases a person's quality of life from 0.5 to 0.6 for the remainder of the person's life from age 70 onward, and the person's expected life span increases from 73 to 75, what is the total gain in QALYs (Quality-adjusted Life Years), and what is the ICER (Incremental Cost-effectiveness Ratio)?

Reference no: EM133534117

Questions Cloud

What is the operating income for year 1 : What is the operating income for Year 1? What is the operating income in Year 2? What is the change in operating income from Year 1 to Year 2?
What are some of the qualitative factors the manager needs : What are some of the qualitative factors the manager needs to consider with the relevant cost analysis? what level of production will the make-versus-buy costs
Calculate total effect on income if it accepts this offer : Should Hood accept this offer to purchase this part at $12 assuming that there is no other use for the factory space? Calculate the total effect on income
How much cash, if any, must be borrowed to maintain : How much cash, if any, must be borrowed to maintain the desired minimum monthly balance? Amount to be borrowed to maintain the desired minimum monthly balance
What is the total gain in qalys : what is the total gain in QALYs (Quality-adjusted Life Years), and what is the ICER (Incremental Cost-effectiveness Ratio)?
What are uphold this principle in the field of psychology : What are some of the inadvertent ways in which psychologists might discriminate against others (don't just focus on one area of discrimination)?
How are social and emotional awareness related to diversity : How are resilience, social belonging, and social and emotional awareness related to diversity and equity?
Why do infants and toddlers need responsive : Why do infants and toddlers need responsive, continuous caring relationships with parents, families, and teachers?
Discuss diversity factors that impact the family system : Discuss diversity factors that impact the family system. Discuss spirituality factors that impact the family system.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Find what the average accounting rate of return is

What the average accounting rate of return (AAR) is? The initial investment will have a useful life of 4 years and no salvage value.

  Determine the joint cost allocated to each product

Determine the Joint cost allocated to each product (Grade 1, Grade 2, & Grade 3) using the physical volume method, relative sales value method

  Determine the cost of bolts of polyester

Determine the cost of bolts of polyester that would appear in each of the following accounts and specify whether they would appear on the balance sheet

  What is the current average product cost per unit

What is the current total product cost (for the 30 million units), including fixed and variable costs? What is the current average product cost per unit

  What was the productivity index for baldwin

What was the productivity index for Baldwin that led to such savings? A productivity index of 110% means that a company's labor costs.

  Calculate Sunland direct labor rate variance

Last year, the company's direct labor payroll totaled $395,930 for 49,910 direct labor hours. Calculate Sunland direct labor rate variance

  Generate the linear programming formulation of the problem

If the unit contribution for component X is £30 and for component Y is £40; Generate the linear programming formulation of the problem

  Calculate the cost of units completed and transferred out

Calculate the cost of units completed and transferred out, and the cost of ending work in progress inventory Using the weighted-average method

  Make a schedule to allocate the lump-sum purchase price

Make a schedule to allocate the lump-sum purchase price to separate assets that were purchased. Also present the general journal entry to record the purchase

  Which does not appear in the current assets section

Which does not appear in the Current Assets section of the Statement of Financial Position? Marketable securities./ Accounts receivable

  Determine property and plant and equipment costs

Indicate the title of the account that would be increased for each expenditure. Determine property, plant, and equipment costs, Adama Company incurred

  What are required sales in units for Khayyam to break even

Khayyam Company, which sells tents, has provided the following information: What are required sales in units for Khayyam to break even

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