Question

Hospital A Hospital B Hospital C Patient days TYD: 20,000 20,000 20,000 Gross Dept expenses: $700,000...

Hospital A

Hospital B

Hospital C

Patient days TYD:

20,000

20,000

20,000

Gross Dept expenses:

$700,000

$700,000

$700,000

YTD

Food Cost

YTD Sales & Charges

YTD

Food Cost

YTD Sales & Charges

YTD

Food Cost

YTD Sales & Charges

Floor stock, nourishments

$15,000

$0.00

$15,000

$15,000

$15,000

$15,000

Internal catering

$30,000

$0.00

$30,000

$30,000

$30,000

$75,000

Catering cash

$10,000

$ 25,000

$10,000

$ 25,000

$10,000

$ 25,000

Cafeteria cash

$68,000

$150,000

$68,000

$150,000

$68,000

$150,000

Vending cash

$10,000

$ 20,000

$10,000

$ 20,000

$10,000

$ 20,000

Note: YTD = Year-to-Date

What is the gross department expense per patient day at each hospital?

0 0
Add a comment Improve this question Transcribed image text
Answer #1
Hospital A Hospital B Hospital C
Gross Dept expenses $   700,000 $   700,000 $   700,000
Patient days         20,000         20,000         20,000
gross department expense per patient day at each hospital ($700,000/20,000) $             35 $             35 $             35

You can reach me over comment box if you have any doubts. Please rate this answer

Add a comment
Know the answer?
Add Answer to:
Hospital A Hospital B Hospital C Patient days TYD: 20,000 20,000 20,000 Gross Dept expenses: $700,000...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Hospital A Hospital B Hospital C Patient days TYD: 20,000 20,000 20,000 Gross Dept expenses: $700,000...

    Hospital A Hospital B Hospital C Patient days TYD: 20,000 20,000 20,000 Gross Dept expenses: $700,000 $700,000 $700,000 YTD Food Cost YTD Sales & Charges YTD Food Cost YTD Sales & Charges YTD Food Cost YTD Sales & Charges Floor stock, nourishments $15,000 $0.00 $15,000 $15,000 $15,000 $15,000 Internal catering $30,000 $0.00 $30,000 $30,000 $30,000 $75,000 Catering cash $10,000 $ 25,000 $10,000 $ 25,000 $10,000 $ 25,000 Cafeteria cash $68,000 $150,000 $68,000 $150,000 $68,000 $150,000 Vending cash $10,000 $ 20,000...

  • Hospital A Hospital B Hospital C Patient days TYD: 20,000 20,000 20,000 Gross Dept expenses: $700,000...

    Hospital A Hospital B Hospital C Patient days TYD: 20,000 20,000 20,000 Gross Dept expenses: $700,000 $700,000 $700,000 YTD Food Cost YTD Sales & Charges YTD Food Cost YTD Sales & Charges YTD Food Cost YTD Sales & Charges Floor stock, nourishments $15,000 $0.00 $15,000 $15,000 $15,000 $15,000 Internal catering $30,000 $0.00 $30,000 $30,000 $30,000 $75,000 Catering cash $10,000 $ 25,000 $10,000 $ 25,000 $10,000 $ 25,000 Cafeteria cash $68,000 $150,000 $68,000 $150,000 $68,000 $150,000 Vending cash $10,000 $ 20,000...

  • Case B $ 20,000 Case A $ 10,000 90,000 100,000 70,000 Case C $ 15,000 30,000...

    Case B $ 20,000 Case A $ 10,000 90,000 100,000 70,000 Case C $ 15,000 30,000 85,000 95,000 100,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Cost of goods available for sale Ending inventory, finished goods Cost of goods sold 125,000 160,000 340,000 250,000 520,000 35,000 345,000 20,000...

  • Using the income statements and changes in balance sheet accounts provided for Firms A and B,...

    Using the income statements and changes in balance sheet accounts provided for Firms A and B, you will need to provide the following information: (c) Summary analysis of the statements of cash flows for Firms A and B (see Exhibit 4.6 on page 181 of your textbook): 1. Total inflows for Firm A 2. Total outflows for Firm A 3. Total inflows for Firm B 4. Total outflows for Firm B Income statement for year ended December 31,2015 Firm A...

  • How far off your estimates of revenues and expenses can be before your decision would change?...

    How far off your estimates of revenues and expenses can be before your decision would change? in relation to ZXY Company is a food product company. ZXY is considering expanding to two new products and a second production facility. The food products are staples with steady demands. The proposed expansion will require an investment of $7,000,000 for equipment with an assumed ten-year life, after which all equipment and other assets can be sold for an estimated $1,000,000. They will be...

  • Builtrite had sales of $700,000 and COGS of $290,000. In addition, operating expenses were calculated at...

    Builtrite had sales of $700,000 and COGS of $290,000. In addition, operating expenses were calculated at 25% of sales. Interest expense was based on $100,000 of bonds outstanding with an interest rate of 7%. Builtrite also received dividends of $40,000 and paid out common stock dividends of $25,000 to its stockholders. A long-term capital gain of $55,000 was realized during the year along with a capital loss of $45,000 Based on the above information, answer the following 4 questions: 1....

  • Return on Assets Net Sales Gross Profit Margin Cost of Goods Operating Net Profit Before Tax...

    Return on Assets Net Sales Gross Profit Margin Cost of Goods Operating Net Profit Before Tax PI Expense Accounts Receivable Return On Assets + Merchandise Inventory Total Current Assets Asset Turnover Cash Total Assets Fixed Assets Other Current Assets Use the charts on the following page to calculate Net Profit Margin % for each scenario: Scenario 1 Scenario 2 Income Statement Income Statement Sales Sales Gross Sales $200,000 Gross Sales $100,000 Promotional Allowances $25,000 Promotional Allowances $15,000 Customer Returns -$15,000...

  • 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...

  • Determine the missing amounts in each of the following independent cases. Case A Case B Case...

    Determine the missing amounts in each of the following independent cases. Case A Case B Case C Beginning inventory, raw material $20,000 $15,000 Ending inventory, raw material 90,000 30,000 Purchases of raw material 100,000 85,000 Direct material 70,000 95,000 Direct labor 100,000 125,000 Manufacturing overhead 250,000 160,000 Total manufacturing costs 520,000 345,000 340,000 Beginning inventory, work in process 35,000 20,000 Ending inventory, work in process 35,000 5,000 Cost of goods manufactured 525,000 350,000 Beginning inventory, finished goods 50,000 40,000 Cost...

  • During 2017, the following selected events and transactions were recorded by Milos County Hospital.   1. Gross...

    During 2017, the following selected events and transactions were recorded by Milos County Hospital.   1. Gross charges for hospital services, all charged to accounts and notes receivable, were as follows:   Patient service revenues $1,666,500   2. The hospital cafeteria and gift shop had cash sales of $296,100.   3. Additional information determined subsequently to recording patient service revenues and relating to the current-year is as follows:   Contractual adjustments $ 640,000   Provision for bad debts 31,000   Charity care 262,200   4. A federal cost...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT