What is the difference between 4 and 5? I dont quite understand why 5 is indirect since the cost object is the pediatric patient.
Answer:
Here are two Medical terms:
Here the justification provided for 4 should be of 5 and for 5 for 4.
4. Salary of the head of Podiatric is indirect expense for Pediatric Department (if it is the cost object)
5. Salary of the head of Podiatric is direct if Podiatrc patients are treated (if it is the cost object)
What is the difference between 4 and 5? I dont quite understand why 5 is indirect...
neep help please
Exercise 1-1 Identifying Direct and Indirect Costs [LO1-1] Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required: For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object. Direct Cost/indirect Cost Cost Cost Object Direct Cost Ex. Catered food served to patients A particular patient The pediatric department...
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Exercise 1-1 Identifying Direct and Indirect Costs [LO1-1] Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required: For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object. Direct Cost/Indirect Cost Direct Cost Cost Cost Object Ex. Catered food served to patients A particular patient 1. The wages of...
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required: For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object. Cost Direct Cost/Indirect Cost Direct Cost Cost Object Ex. Catered food served to patients A particular patient 1. The wages of pediatric nurses The pediatric department 2. Prescription drugs A particular...
Northwest Hospital is a full service hospital that provides everything from major surgery and emergency room care to outpatient clinics Required: For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object Direct Cost Indirect Cost Direct Cost Cost Cost Object Ex Catered food served to patients A particular patient 1. The wages of pediatric nurses The pediatric department 2. Prescription drugs...
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Exercise 1-1 Identifying Direct and Indirect Costs [LO1-1] Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required: For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object. Direct Cost/Indirect Cost Direct Cost Cost Cost Object Ex. Catered food served to patients A particular patient 1. The wages of pediatric nurses...
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Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...