What type of inventory method uses delivery of items from vendors to healthcare organizations immediately before...
What type of inventory method uses delivery of items from vendors to healthcare organizations immediately before their use.
Homework Answers
In healthcare one of the common form of inventory method used is the perpetual method .The just in time inventory involves the delivery of items from the suppliers or the vendors directly to the receiver ,healthcare organization .
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What type of inventory method uses delivery of items from
vendors to healthcare organizations immediately before...
The nurse needs a legal prescription from the healthcare provider before delivery of medication to a...
The nurse needs a legal prescription from the healthcare provider before delivery of medication to a client; however nurses are responsible for their actions even when there is prescription. Nurses need to be aware of incorrect prescriptions i.e. dosages interactions and contraindications. The nurse MUST question any inappropriate prescriptions and get clarification before administration. Can you list the 7 points that should be included in a prescription?
a. What is CMS? b. How does tax status of healthcare organizations of for profit and not for profit differ? c. State the...
a. What is CMS? b. How does tax status of healthcare organizations of for profit and not for profit differ? c. State the difference between retrospective and prospective payments. d. Name a classifying cost method with an example. e. What is the importance of materials and inventory management? f. Define cost allocation.
Marigold Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory...
Marigold Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D $126 Item $116 Item F $100 Item G $95 Item H $116 Item I $95 Estimated selling price Cost Cost to complete Selling costs Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes...
Ashley Co. uses the direct method in calculating its cash flow from operations. Which of the following items will not ha...
Ashley Co. uses the direct method in calculating its cash flow from operations. Which of the following items will not have an effect on cash flow from operating activities? Multiple Choice Increase in inventory. Payment of dividends to stockholders. Cash collections from customers. Payment of interest to lenders.
Marigold Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The...
Marigold Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item H Item I $126 $116 $100 $95 $116 $95 Estimated selling price Cost 79 84 84 53 38 Cost to complete 32 32 26 32 32 Selling costs 19 21 21...
Buffalo Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The...
Buffalo Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2017, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Exercise 9-2 Item D ItemE Item F Item G Item H Item I 149 $136 $118 $112 $136 $112 Estimated selling price 93 37 12 52 37 12 45 37 25 31 43 25 37 Cost to complete 12 Selling...
Bramble Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The...
Bramble Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item Item Estimated selling price Cost $138 86 35 12 $127 92 35 21 $109 92 29 12 $104 92 40 23 $127 58 35 12 $104 41 35 23 Cost to...
Bonita Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The...
Bonita Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item H Item | Estimated selling price Cost $132 83 33 11 $121 88 33 20 $105 88 28 11 $99 88 39 22 $121 55 33 11 $99 40 33 22...
Coronado Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The...
Coronado Company uses the LCNRV method, on an individual-item
basis, in pricing its inventory items. The inventory at December
31, 2017, consists of products D, E, F, G, H, and I. Relevant per
unit data for these products appear below.
Item D
Item E
Item F
Item G
Item H
Item I
Estimated selling price
$133
$122
$105
$100
$122
$100
Cost
83
89
89
89
56
40
Cost to complete
33
33
28
39
33
33
Selling costs
11...
Riegel Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The...
Riegel Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Estimated selling price Cost - Item D $120 75 30 10 Item E $110 80 30 18 Item F $95 80 25 10 Item G $90 30 35 20 Item H Item $110 $90 50 36 30 30 10 20...
Marigold Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D $126 Item $116 Item F $100 Item G $95 Item H $116 Item I $95 Estimated selling price Cost Cost to complete Selling costs Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes...
Marigold Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item H Item I $126 $116 $100 $95 $116 $95 Estimated selling price Cost 79 84 84 53 38 Cost to complete 32 32 26 32 32 Selling costs 19 21 21...
Buffalo Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2017, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Exercise 9-2 Item D ItemE Item F Item G Item H Item I 149 $136 $118 $112 $136 $112 Estimated selling price 93 37 12 52 37 12 45 37 25 31 43 25 37 Cost to complete 12 Selling...
Bramble Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item Item Estimated selling price Cost $138 86 35 12 $127 92 35 21 $109 92 29 12 $104 92 40 23 $127 58 35 12 $104 41 35 23 Cost to...
Bonita Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item H Item | Estimated selling price Cost $132 83 33 11 $121 88 33 20 $105 88 28 11 $99 88 39 22 $121 55 33 11 $99 40 33 22...
Coronado Company uses the LCNRV method, on an individual-item
basis, in pricing its inventory items. The inventory at December
31, 2017, consists of products D, E, F, G, H, and I. Relevant per
unit data for these products appear below.
Item D
Item E
Item F
Item G
Item H
Item I
Estimated selling price
$133
$122
$105
$100
$122
$100
Cost
83
89
89
89
56
40
Cost to complete
33
33
28
39
33
33
Selling costs
11...
Riegel Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Estimated selling price Cost - Item D $120 75 30 10 Item E $110 80 30 18 Item F $95 80 25 10 Item G $90 30 35 20 Item H Item $110 $90 50 36 30 30 10 20...
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