How do I solve questions a-d on question 6.2?
Homework Answers
Answer-a-The dollar allocation to each patient services
department if patient services revenue is used as the cost
driver-
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How do I solve questions a-d on question 6.2?
Problems 61 The housekeeping services department of...
Use the following information to answer questions 1-3. The housekeeping services department of Ruger Clinic, a...
Use the following information to answer questions 1-3. The housekeeping services department of Ruger Clinic, a multispecialty practice in Toledo, Ohio, had $100,000 in direct costs during 2015. These costs must be allocated to Ruger’s three revenue-producing patient services departments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of housekeeping services used. The patient services departments generated $5 million in total revenues during 2015, and to support these clinical activities, they used 5,000...
How do I solve for a-d? JCICLO 13 CUC CUULICI. 6.2 Refer to Problem 6.1. Assume...
How do I solve for a-d?
JCICLO 13 CUC CUULICI. 6.2 Refer to Problem 6.1. Assume that the three patient services 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 Adult Services Pediatric Services Other Services Total Revenue $3,000,000 1,500,000 500,000 $5,000,000 Housekeeping Hours 1,500 3,000 500 5,000 We were unable to transcribe this image6.1 The housekeeping services department of Ruger Clinic, a multispecialty...
Problems The housekeeping services department of Ruger Clinic, a multispecialty practice in Toledo, Ohio, had $100,000...
Problems The housekeeping services department of Ruger Clinic, a multispecialty practice in Toledo, Ohio, had $100,000 in direct costs during 2015. These costs must be allocated to Ruger's three revenue-producing patient services departments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of housekeeping services used. The patient services departments generated $5 million in total revenues during 2015, and to support these clinical activities, they used 5,000 hours of housekeeping services. a. What is...
South Lancaster Clinic, a multispecialty practice in Boston, Massachusetts, has three revenue-producing patient services departments and...
South Lancaster Clinic, a multispecialty practice in Boston, Massachusetts, has three revenue-producing patient services departments and one support department. The direct cost of the support department is $100,000 which must be allocate to the three revenue-producing patient services departments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of support services used. The patient services revenue and hours of support services used for each department are as follows Revenue Support Service Hours Adult Services...
Assume that the three patient services departments are Adult Services, Pediatric Services, and Other Services. The...
Assume that the three patient services departments are Adult Services, Pediatric Services, and Other Services. The patient services revenue and hours of housekeeping services for each department are as 8 follows: 9 0 1 32 Revenue Housekeeping Hours Department Adult Services Pediatric Services Other Services Total $ 3,000,000 1,500,000 500000 $ 5000 000 1,500 3,000 500 5,000 34 35 36 37 38 What is the dollar allocation to each patient services department if patient services revenue d is used as...
27 Assume that the three patient services departments are Adult Services, Pediatric Services, and Other Services....
27 Assume that the three patient services departments are Adult Services, Pediatric Services, and Other Services. The patient services revenue and hours of housekeeping services for each department are as 28 follows 29 30 31 32 Department Adult Services Pediatric Services Other Services Total Revenue $ 3,000,000 1,500,000 1,500 3,000 500 $ 5,000,000 34 35 36 37 38 What is the dolar allocation to each patient services department if patient services revenue 39 40 d. is used as the cost...
Tacoma Hospital has three support departments and four patient services departments. The direct costs to each...
Tacoma Hospital has three support departments and four patient services departments. The direct costs to each of the support departments are as follows: Tacoma Hospital has three support departments and four patient services departments. The direct costs to each of the support departments are as follows: Direct Costs Cost Driver General Administration $2,000,000 Salary Dollars Facilities $5,000,000 Housekeeping Labor Hours Financial Services $3,000,000 Patient Services Revenue Total $10,000,000 The patient services revenue, salary dollars, and housekeeping labor hours for each...
Columbus Clinical Services (a multispecialty group practice) has three support departments, Administration, Housekeeping and Finance, and...
Columbus Clinical Services (a multispecialty group practice) has three support departments, Administration, Housekeeping and Finance, and three patient services departments, Medicine, Surgery and Pharmacy. Administration provides the most services to other departments followed by Housekeeping and then Finance. The results of a step-down cost allocation for Cherry Community Hospital are presented below: Administration Costs Allocated to: Housekeeping $2,000 Finance $1,000 Medicine $4,000 Surgery $5,000 Pharmacy $2,000 Housekeeping Costs Allocated to: Finance $1,000 Medicine $4,500 Surgery $8,000 Pharmacy $2,500 Finance Costs...
Il Musli duon.) is the better cost driver for the costs of a hospital's financial department:...
Il Musli duon.) is the better cost driver for the costs of a hospital's financial department: patient services department revenues or number 6.8 Which is the bette services department: patient servi of bills generated? Explain your rationale. atient services re as follows The following data pertain to problemus 6.3 through 6.6: St. Benedict's Hospital has three support departments and four patien departments. The direct costs to each of the support departments are as General Administration $2,000,000 Facilities 5,000,000 Financial Services...
6.3 its and four patient services partments are as follows: The following data pertain to problems 6.3 trong 6....
6.3
its and four patient services partments are as follows: The following data pertain to problems 6.3 trong 6.6: St. Benedict's Hospital has three support departments and four departments. The direct costs to cach of the support departmen General Administration Facilities Financial Services 3,000,000 Selected data for the three support and four patient services departm shown below: $2,000,000 5,000,000 departments are Housekeeping Labor Hours Salary Dollars 2,000 $1,500,000 Patient Space Services (square Department Revenue feet) Support: a General 10,000 Administration...
How do I solve for a-d?
JCICLO 13 CUC CUULICI. 6.2 Refer to Problem 6.1. Assume that the three patient services 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 Adult Services Pediatric Services Other Services Total Revenue $3,000,000 1,500,000 500,000 $5,000,000 Housekeeping Hours 1,500 3,000 500 5,000 We were unable to transcribe this image6.1 The housekeeping services department of Ruger Clinic, a multispecialty...
Problems The housekeeping services department of Ruger Clinic, a multispecialty practice in Toledo, Ohio, had $100,000 in direct costs during 2015. These costs must be allocated to Ruger's three revenue-producing patient services departments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of housekeeping services used. The patient services departments generated $5 million in total revenues during 2015, and to support these clinical activities, they used 5,000 hours of housekeeping services. a. What is...
Assume that the three patient services departments are Adult Services, Pediatric Services, and Other Services. The patient services revenue and hours of housekeeping services for each department are as 8 follows: 9 0 1 32 Revenue Housekeeping Hours Department Adult Services Pediatric Services Other Services Total $ 3,000,000 1,500,000 500000 $ 5000 000 1,500 3,000 500 5,000 34 35 36 37 38 What is the dollar allocation to each patient services department if patient services revenue d is used as...
27 Assume that the three patient services departments are Adult Services, Pediatric Services, and Other Services. The patient services revenue and hours of housekeeping services for each department are as 28 follows 29 30 31 32 Department Adult Services Pediatric Services Other Services Total Revenue $ 3,000,000 1,500,000 1,500 3,000 500 $ 5,000,000 34 35 36 37 38 What is the dolar allocation to each patient services department if patient services revenue 39 40 d. is used as the cost...
Il Musli duon.) is the better cost driver for the costs of a hospital's financial department: patient services department revenues or number 6.8 Which is the bette services department: patient servi of bills generated? Explain your rationale. atient services re as follows The following data pertain to problemus 6.3 through 6.6: St. Benedict's Hospital has three support departments and four patien departments. The direct costs to each of the support departments are as General Administration $2,000,000 Facilities 5,000,000 Financial Services...
6.3
its and four patient services partments are as follows: The following data pertain to problems 6.3 trong 6.6: St. Benedict's Hospital has three support departments and four departments. The direct costs to cach of the support departmen General Administration Facilities Financial Services 3,000,000 Selected data for the three support and four patient services departm shown below: $2,000,000 5,000,000 departments are Housekeeping Labor Hours Salary Dollars 2,000 $1,500,000 Patient Space Services (square Department Revenue feet) Support: a General 10,000 Administration...
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