Worksheet 2 requires you to calculate the direct costs to these areas.
Homework Answers
| Rehab cost centers | Direct cost | Indirect cost | Total | |
| 60% | Physical therapy | $450000 | $114600 | $564600 |
| 25% | Occupational therapy | 187500 | 47750 | 235250 |
| 15% | Speech Therapy | 112500 | 28650 | 141150 |
| Total | $750,000 | $191,000 | $941,000 | |
Add Answer to:
Worksheet 2 requires you to calculate the direct costs to these
areas.
A C D E...
PART II: NEW SCENARIO - GHA 4 To complete PART II, you will need to follow...
PART II: NEW SCENARIO - GHA 4 To complete PART II, you will need to follow the same process as Part I. In this scenario, the direct costs have remained the same, however the indirect costs and allocation basis have been changed. Here is the information that you will need to complete Part II. DIRECT COSTS The direct costs for each department are easily identifiable, because they are the costs that are directly attributable to the department. The direct costs...
help with questions 63-80 please HSA 4170 Exam 2 Study Guide -80 Questions 63.A general services...
help with questions 63-80 please
HSA 4170 Exam 2 Study Guide -80 Questions 63.A general services expense provides services necessary to maintain the patient, but the service is not directly related to patient care. True or False 64. departments are designated as cost centers, reports are generally distributed as which of the following? A) The cost center manager receives the cost center's (department's) reports B) The director in charge of multiple cost centers receives a larger report. C) The chief...
2-23 Classification of direct and indirect costs, manufacturing sector. Timi Company manufactures pens for schools. Summary...
2-23 Classification of direct and indirect costs, manufacturing sector. Timi Company manufactures pens for schools. Summary data (in thousands) for the year ended December 31, 2019, are as follows: Cost Items A. Ink for pens £ 600 B. Depreciation of delivery vehicles £ 4,000 C. Depreciation of factory machine £8,500 D. Interest expense £ 1,500 E. Salary of general manager £24,000 F. Wages of factory staff £ 5,000 G. Salary of supervisors £ 2,500 H. Machine maintenance costs £ 350...
ease provide steps in an excel worksheet D E C В Allocate service department costs using...
ease provide steps in an excel worksheet
D E C В Allocate service department costs using the reciprocal and step methods (Facilities first). GIVEN User Departments Service Departments Computer Facilities Info System Program Consulting Training 50,000 $ $ 75,000 $ 110,000 $ Direct Costs 25,000 85,000 Info Systems (hrs) 500 400 1,100 600 900 1 2 Facilities (Sq Ft) 200,000 400,000 60,000 800,000 3 4 Total Cost Step Method 5 16 Total Cost Reciprocal 17 18 19 20
E2-21A Classify and calculate a manufacturer's costs (Learning Objectives 2 & 4) An airline manufacturer incurred...
E2-21A Classify and calculate a manufacturer's costs (Learning Objectives 2 & 4) An airline manufacturer incurred the following costs last month (in thousands of dollars): b. Production supervisors' salaries.... c. Depreciation on forklifts in factory d. Machine lubricants $ 35 f. As sembly workers' wages 620 $ 30 $ 120 260 S 10 $ 60 $ 170 g. Property tax on corporate marketing offic......... i. Cost of warranty repairs j. Machine operators' health insurance.. k. Depreciation on administrative offices I....
. Alien Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during...
. Alien Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year Indirect labor amounted to $2,700 while indirect materials used totaled $1,600.other operating costs pertaining to the factory induded utilities of $3,100, antenance of $4,500, supplies of $1,800, depreciation of $7,900, and property taxes of $2,600. There was no beginning or ending finished goods inventory, but work in process inventory began the year with a $5.500 balance and ended the year with...
2 Kahn & Associates is a low firm sp i n d l ated work employs...
2 Kahn & Associates is a low firm sp i n d l ated work employs 25 professionals partners and 18 associates) who work direct with clients Them e budete total compensation per professional or 2017 is $110.000. Each professionalisbudpated to havn 2000 hab hours to clients in 2017. All professionals work for Clients to their maximum 2.000 billable hours available. All professional labor costs are included in a single direct-cost category and are traced to jobs on a per...
Production Decisions Worksheet (Considering Both Costs and Revenues, What Level of Production will Maximize Profits?) Tubby's...
Production Decisions Worksheet (Considering Both Costs and Revenues, What Level of Production will Maximize Profits?) Tubby's Plumbing Company specializes in installing hot tubs. There is usually enough local business that the company can install a couple hot tubs a day without traveling very far to do so. If they want to do more business in a day, however, they have to travel increasingly far for each installation, incurring higher costs in terms of employee time and gasoline. The total and...
a. Calculate the direct materials price variance. b. Calculate the direct materials usage variance. c. Calculate...
a. Calculate the direct materials price variance.
b. Calculate the direct materials usage variance.
c. Calculate the direct labor rate variance.
d. Calculate the direct labor efficiency variance.
e. Calculate the variable overhead rate variance.
f. Calculate the variable overhead efficiency variance.
g. Calculate the Sales Price variance
h. Calculate the Sales Quantity Variance
Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data are...
PLEASE HELP......READ THE INFORMATION CAREFULLY!!!!!!!!!! Sierra Company manufactures woven blankets and accounts for product costs using...
PLEASE HELP......READ THE INFORMATION
CAREFULLY!!!!!!!!!!
Sierra Company manufactures woven blankets and accounts for product costs using process costing. Data below are for one of its processing departments. The following information is available regarding its May inventories. Raw materials inventory Work in process inventory Finished goods inventory Beginning Inventory $ 60,000 435,000 633,000 Ending Inventory $ 92,500 515,000 605,000 The following additional information describes the company's production activities for May. $ 250,000 1,530,000 87,000 $ Raw materials purchases (on credit) Factory...
PART II: NEW SCENARIO - GHA 4 To complete PART II, you will need to follow the same process as Part I. In this scenario, the direct costs have remained the same, however the indirect costs and allocation basis have been changed. Here is the information that you will need to complete Part II. DIRECT COSTS The direct costs for each department are easily identifiable, because they are the costs that are directly attributable to the department. The direct costs...
help with questions 63-80 please
HSA 4170 Exam 2 Study Guide -80 Questions 63.A general services expense provides services necessary to maintain the patient, but the service is not directly related to patient care. True or False 64. departments are designated as cost centers, reports are generally distributed as which of the following? A) The cost center manager receives the cost center's (department's) reports B) The director in charge of multiple cost centers receives a larger report. C) The chief...
2-23 Classification of direct and indirect costs, manufacturing sector. Timi Company manufactures pens for schools. Summary data (in thousands) for the year ended December 31, 2019, are as follows: Cost Items A. Ink for pens £ 600 B. Depreciation of delivery vehicles £ 4,000 C. Depreciation of factory machine £8,500 D. Interest expense £ 1,500 E. Salary of general manager £24,000 F. Wages of factory staff £ 5,000 G. Salary of supervisors £ 2,500 H. Machine maintenance costs £ 350...
ease provide steps in an excel worksheet
D E C В Allocate service department costs using the reciprocal and step methods (Facilities first). GIVEN User Departments Service Departments Computer Facilities Info System Program Consulting Training 50,000 $ $ 75,000 $ 110,000 $ Direct Costs 25,000 85,000 Info Systems (hrs) 500 400 1,100 600 900 1 2 Facilities (Sq Ft) 200,000 400,000 60,000 800,000 3 4 Total Cost Step Method 5 16 Total Cost Reciprocal 17 18 19 20
E2-21A Classify and calculate a manufacturer's costs (Learning Objectives 2 & 4) An airline manufacturer incurred the following costs last month (in thousands of dollars): b. Production supervisors' salaries.... c. Depreciation on forklifts in factory d. Machine lubricants $ 35 f. As sembly workers' wages 620 $ 30 $ 120 260 S 10 $ 60 $ 170 g. Property tax on corporate marketing offic......... i. Cost of warranty repairs j. Machine operators' health insurance.. k. Depreciation on administrative offices I....
. Alien Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year Indirect labor amounted to $2,700 while indirect materials used totaled $1,600.other operating costs pertaining to the factory induded utilities of $3,100, antenance of $4,500, supplies of $1,800, depreciation of $7,900, and property taxes of $2,600. There was no beginning or ending finished goods inventory, but work in process inventory began the year with a $5.500 balance and ended the year with...
2 Kahn & Associates is a low firm sp i n d l ated work employs 25 professionals partners and 18 associates) who work direct with clients Them e budete total compensation per professional or 2017 is $110.000. Each professionalisbudpated to havn 2000 hab hours to clients in 2017. All professionals work for Clients to their maximum 2.000 billable hours available. All professional labor costs are included in a single direct-cost category and are traced to jobs on a per...
Production Decisions Worksheet (Considering Both Costs and Revenues, What Level of Production will Maximize Profits?) Tubby's Plumbing Company specializes in installing hot tubs. There is usually enough local business that the company can install a couple hot tubs a day without traveling very far to do so. If they want to do more business in a day, however, they have to travel increasingly far for each installation, incurring higher costs in terms of employee time and gasoline. The total and...
a. Calculate the direct materials price variance.
b. Calculate the direct materials usage variance.
c. Calculate the direct labor rate variance.
d. Calculate the direct labor efficiency variance.
e. Calculate the variable overhead rate variance.
f. Calculate the variable overhead efficiency variance.
g. Calculate the Sales Price variance
h. Calculate the Sales Quantity Variance
Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data are...
PLEASE HELP......READ THE INFORMATION
CAREFULLY!!!!!!!!!!
Sierra Company manufactures woven blankets and accounts for product costs using process costing. Data below are for one of its processing departments. The following information is available regarding its May inventories. Raw materials inventory Work in process inventory Finished goods inventory Beginning Inventory $ 60,000 435,000 633,000 Ending Inventory $ 92,500 515,000 605,000 The following additional information describes the company's production activities for May. $ 250,000 1,530,000 87,000 $ Raw materials purchases (on credit) Factory...
Most questions answered within 3 hours.
-
3
researchers at Cambrige looked at 5,000 firms in Englans and found
that, in terms of...
asked 16 minutes ago -
In this exercise, we will be refactoring a working program. Code
refactoring is a process to...
asked 31 minutes ago -
why it is important and how it integrates within ERP? And what
the core challenges of...
asked 2 hours ago -
A strawberry farmer determines that the average weight of
individual strawberries produced by plants in his...
asked 2 hours ago -
Chargaff's results yielded a molar ratio of 0.400 for A to G in
avian tubercle bacillus...
asked 4 hours ago -
Which of the following binds ATP/ADP?
a. microfilaments
b. microtubules
c. intermediate filaments
d. microfilaments and...
asked 4 hours ago -
Assume that the situation can be expressed as a linear cost
function. Find the cost function....
asked 6 hours ago -
(Sort ArrayList) Write the following method that sorts an
ArrayList: public static > void sort(ArrayList list)...
asked 7 hours ago -
2) A 9 volt battery is connected to a parallel plate capacitor
with an initial capacitance...
asked 6 hours ago -
Prince Equipment has to decide whether to obtain $1,000,000 of
financing by: (1) selling common stock...
asked 7 hours ago -
The terms electrical and electronic have similar but
different meanings which of the following statement is...
asked 7 hours ago -
You wish to test the claim that the mean GPA of night students
is than 2.5...
asked 8 hours ago