I need Solution QUESTION:1.3THE NUMBER OF X-RAYS AND X-RAY COSTS OVER THE LAST NINE MONTHS IN BEVERLYHOSPITAL ARE GIVEN BELOW:MONTHX-RAY COSTS X-RAYS TAKENJANUARY $28,0006,250FEBRUARY 29,0007,000MARCH23,0005,000APRIL20,0004,250MAY22,0004,500JUNE17,0003,000JULY18,0003,750AUGUST 24,0005,5005,750SEPTEMBER 26,000BEVERLY HOSPITAL EXPECTS TO TAKE 4,700 X-RAYS DURING OCTOBER. USING THEHIGH-LOW METHOD, CALCULATE BEVERLY HOSPITAL'S EXPECTED X-RAY COST FOROCTOBER. DO NOT USE DECIMALS IN YOUR ANSWER.

Concept of High-Low Method:The high-low method is a cost accounting technique used to estimate fixed…

Answered: QUESTION:1.3 THE NUMBER OF X-RAYS AND…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 18E

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Engberg Company installs lawn sod in home yards. The company’s most recent monthly contribution format income statement follows:bre27076_ch06_256-305.indd 292 7/14/09 11:44:37 PMAmount Percent of SalesSales ............................................ $80,000 100%Variable expenses ....................... 32,000 40%Contribution margin ..................... 48,000 60%Fixed expenses ........................... 38,000Net operating income .................. $10,000Required:1. Compute the company’s degree of operating leverage.2. Using the degree of operating leverage, estimate the impact on net operating income of a 5% increasein sales.3. Verify your estimate from part (2) above by constructing a new contribution format income statementfor the company assuming a 5% increase in sales.
Question： A hospital uses a type of disinfectant for cleaning at an annual rate of 1000 bottles. The disinfectant normally costs the hospital $3 per bottle. The annual inventory holding cost is $0.80 per bottle and it costs $16 to place an order with the supplier. The supplier o§ers a 4% discount on orders of at least 400 bottles and a 7% discount for at least 800 bottles.Determine1. The hospitalís optimal order quantity and minimum total annual cost; 2. The number of orders per year.
General Account Questions
TASK SEVEN ABC, health care. Crosstown Health Center runs two programs: drug addict rehabilitation and after care (counseling and support of patients after release from a mental hospital). The center’s budget for 2017 follows. Professional salaries: 4 physicians * $150,000 $600,000 12 psychologists * $75,000 900,000 16 nurses * $30,000 480,000 $1,980,000 Medical supplies 242,000 Rent and clinic maintenance 138,600 Administrative costs to manage patient charts, food, laundry 484,000 Laboratory services…
Falls Creek Community Health Clinic uses the high-low method to analyze cost behavior and has determined that number of patients treated predict the clinic's total treatment costs. Determine the cost function (formula) for total treatment costs. What will the estimated treatment cost be if Falls Creek treats 1,402 patients in a month? Total Number Treatment of Patients Costs January $3,410 February $3,790 $3,574 $3,730 $4,500 1060 1180 March 1030 April 1260 May 1310 $4,294 June 1430 (Round your final answer to two decimal places)
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format incomestatement for a recent month for the two games appears below:Claimjumper Makeover TotalSales ............................................ $30,000 $70,000 $100,000Variable expenses ...................... 20,000 50,000 70,000Contribution margin ..................... $10,000 $20,000 30,000Fixed expenses .......................... 24,000Net operating income .................. $ 6,000Required:1. Compute the overall contribution margin (CM) ratio for the company.2. Compute the overall break-even point for the company in sales dollars.3. Verify the overall break-even point for the company by constructing a contribution format incomestatement showing the appropriate levels of sales for the two products.
Current Attempt in Progress Flint's Medical operates three support departments and two operating units, Surgery and ER. The support departments are allocated based on the hours used. The cost of operating the accounting (acct), administration (admin), and human resources (HR) departments is $269300, $161200, and $66300, respectively. Information on the hours used are as follows: Hours in Acct Hours in Admin Hours in HR Acct $0. $204645. $190888. O $216942. 16 8 Admin HR 48 eTextbook and Media 20 8 Surgery 360 120 65 ER 220 80 What are the total costs allocated to the ER department from the supporting departments? (Do not round the intermediate calculations.) 130 Attemnte: 0 of Queed
transcript Required information Milford Industries provides medical equipment to oncology and surgical units in major hospitals. Milford allocates indirect costs to five departments and redistributes the IDC for Quality Assurance and Engineering to the other three departments monthly. The table summarizes IDC allocation and direct labor (DL) hours for one month. Department Production Subassemblies IDC Allocation, $ 30,000 20,000 Determine the indirect cost rate. The indirect cost rate is $ Final assembly Quality assurance Engineering NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. 10,000 8,500 26,000 Actual DL Hours 550 1050 650 per hour.
Benson Memorial hospital cost formula for its wages and salaries is $2,030 per month plus $409 per birth. For the month of December, the hospital planned for activity of 112 births, but the actual level of activity was 114 births. The actual wages and salaries for the month was $50,800. The wages and salaries in the planning budget for December would be closest to: ○ $50,800 $47,838 $49,707 $48,656
Saved antcring overhead s budgeted to be $33,000 plus $6 per unit produced. What Is budgeted manufacturing overhead for AuguUst? 32 Sylerh tas brecast production for the next three months as follows: July 6,500 units, August 8,200 units, September 9,100 units. Monthly Mutole Choice S82.200 $I2.000 $9.200 SE7500
View Policies Current Attempt in Progress Blossom's Medical operates three support departments and two operating units, Surgery and ER. The support departments are allocated based on the hours used. The cost of operating the accounting (acct), administration (admin), and human resources (HR) departments is $274500, $164700, and $66000, respectively. Information on the hours used are as follows: Acct Admin HR Surgery ER Hours in Acct 20 48 360 220 Hours in Admin 16 8 120 80 Hours in HR 8 4 65 130 What amount of costs would be allocated from the HR department to the other support departments (Acct and Admin) using the reciprocal method to allocate costs? (Do not round the intermediate calculations.) $5438. $0. $7203. $6894. eTextbook and Media
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