Please investigate the cost of childbirth in your city hospital. These costs should include prenatal care,...
Please investigate the cost of childbirth in your city hospital. These costs should include prenatal care, the hospital/doctor or midwife charges, and costs of items for the baby, such as clothing, well-baby checkups, and furniture.
Homework Answers
The cost of child birth will vary from city to city. It depends upon the survey done by you in your city. But as far as Bhubaneswar, India is concerned the cost is 70000-80000 INR including all parameters which have been mentioned in the question.
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Please investigate the cost of childbirth in your city hospital.
These costs should include prenatal care,...
As a research, pick a city hospital in the US and investigate the cost of childbirth...
As a research, pick a city hospital in the US and investigate the cost of childbirth in that hospital. write a paragraph describing your findings. These finding should include the costs of prenatal care, the hospital/doctor or midwife charges, and costs of items for the baby, such as clothing, well-baby checkups, and furniture.
accounting question 5.4. General Hospital, a not-for-profit acute care facility, has the following cost structure for...
accounting question
5.4. General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services Fixed Costs Variable costs per inpatient day Charge (revenue) per inpatient day $10,000,000 200 1,000 The hospital expects to have a patient load of 15,000 inpatient days next year. a. Construct the hospitals base case projected P&L statement b. What is the hospitals breakeven point? c. What volume is required to provide a profit of $1,000,000? A profit of $500,000? d....
Cost behavior is the term used to summarize the impact of costs that are influenced by...
Cost behavior is the term used to summarize the impact of costs that are influenced by volume. On a financial statement, these costs are identified as variable costs. Understanding the role of both fixed and variable costs in a health care organization is key to targeting profitability centers. Assume the role of a financial consultant. You have been hired by a small non-profit hospital, struggling with profitability. You have been given full access to all financial and operational information to...
Based on the information in the attachments, what areas should management investigate further? Please explain your...
Based on the information in the attachments, what areas should management
investigate further? Please explain your answer.
Crafts Inc., is a manufacturer of furniture The company has 2 responsibility centers: Production and Selling and Distribution. Production and administration are cost centers while Selling and Distribution is a profit center Presented below are the budgeted and actual contribution income statement for October along with applicable unit information Budgeted unit information: Unis Sale price per Unit Direct material per unit Direct labor...
You are the management accountant for a custom cabinetry business that uses a job order cost...
You are the management accountant for a custom cabinetry business that uses a job order cost system. The business sends customers detailed job cost sheets along with the invoice. The job cost sheets include the date materials were used, the dollar cost of the materials, as well as direct labor hours and costs. Total overhead applied is included. A customer received this information and left a voice mail requesting an explanation for the estimation of MOH charges when all other...
Woodbury Hospital has three service departments and three operating departments. Estimated cost and operating data for...
Woodbury Hospital has three service departments and three operating departments. Estimated cost and operating data for all departments in the hospital for the forthcoming quarter are presented in the table below: Service Departments Operating Departments Housekeeping Services Food Services Administrative Services Laboratory Radiology General Hospital Total Total cost $96,000 $319,060 $267,020 $428,400 $556,500 $507,300 $2,174,280 Meals served 1,700 3,800 1,900 73,400 80,800 Square feet of space 5,900 15,700 8,300 12,700 8,400 117,000 168,000 Files processed 18,500 11,500 34,000 64,000 The...
Case Study: Pamela Pamela is 27 years old and pregnant for the first time. She is in excellent health, is a marathon run...
Case Study: Pamela Pamela is 27 years old and pregnant for the first time. She is in excellent health, is a marathon runner and works as legislative aide in State Assembly. She began her prenatal care with ob-gyn practice where she had received her well-woman care for the past 3 years. She liked the doctors very much and kept all of her appointments. She and her husband Ramon were thrilled to see their baby on ultrasound and Pamela was looking...
Please diagram the revenue and profit situation (which would also include the cost curves) for a...
Please diagram the revenue and profit situation (which would also include the cost curves) for a producer of a highly elastic (but not perfectly elastic) good of your choice (a restaurant, boutique clothing store, etc.). Under what circumstances would it make sense for them to raise their price? While profit maximization is the main goal for most firms (and one which you should be able to represent on a diagram), you may wish to consider alternative goals depending upon the...
please leave clear anwser The Oregon Department of Health web site provides information on the cost-to-charge...
please leave clear anwser
The Oregon Department of Health web site provides information on the cost-to-charge ratio (the percentage of billed charges that are actual costs to the hospital). The cost-to-charge ratios for both inpatient and outpatient care in 2002 for a sample of six hospitals in Oregon follow. 2002 2002 Inpatient Outpatient Hospital Ratio Ratio 2 3 4 5 6 68 100 71 74 100 83 54 75 53 56 74 71 Is there evidence that the mean cost-to-charge...
For this assignment, visit the website of a health care system, hospital or health insurance company....
For this assignment, visit the website of a health care system, hospital or health insurance company. Navigate through the website and locate the financial statements of the organization. Hint: the financial statements are usually found under a tab called “Investor Relations” if the organization is for-profit. Please note that this assignment does not pertain to the health care business that you are creating for this class. advocate aurora health www.advocateaurorahealth.org/about Write a one-and-a-half to two-page paper that addresses the following...
accounting question
5.4. General Hospital, a not-for-profit acute care facility, has the following cost structure for its inpatient services Fixed Costs Variable costs per inpatient day Charge (revenue) per inpatient day $10,000,000 200 1,000 The hospital expects to have a patient load of 15,000 inpatient days next year. a. Construct the hospitals base case projected P&L statement b. What is the hospitals breakeven point? c. What volume is required to provide a profit of $1,000,000? A profit of $500,000? d....
Based on the information in the attachments, what areas should management
investigate further? Please explain your answer.
Crafts Inc., is a manufacturer of furniture The company has 2 responsibility centers: Production and Selling and Distribution. Production and administration are cost centers while Selling and Distribution is a profit center Presented below are the budgeted and actual contribution income statement for October along with applicable unit information Budgeted unit information: Unis Sale price per Unit Direct material per unit Direct labor...
please leave clear anwser
The Oregon Department of Health web site provides information on the cost-to-charge ratio (the percentage of billed charges that are actual costs to the hospital). The cost-to-charge ratios for both inpatient and outpatient care in 2002 for a sample of six hospitals in Oregon follow. 2002 2002 Inpatient Outpatient Hospital Ratio Ratio 2 3 4 5 6 68 100 71 74 100 83 54 75 53 56 74 71 Is there evidence that the mean cost-to-charge...
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