General Accounting QUESTION:9The number of X-rays and X-ray costs over the last nine months inBeverly Hospital are given below:MonthX-ray costs X-rays takenJanuary $26,0006,250February 29,0007,500March22,0005,000April20,7004,250May21,0004,500June24,0005,500July19,2003,750August16,0002,5005,750September 24,600Beverly Hospital expects to take 5,900 X-rays during October. Usingthe high-low method, calculate Beverly Hospital's expected X-raycost for October.Bruno Company accumulates the following data concerning a mixedcost, using miles as the activity level.Miles Driven Total CostMiles Driven Total CostJanuary 8,015$14,195March 8,500February 7,51013,515April 8,205$15,00014,495a. Compute the variable cost per mile using the high-low method.b. Compute the fixed cost elements using the high-low method.

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Answered: QUESTION:9 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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Brave Heart Hospital showed the following major hospital costs at various levels of activity for CY 2020: Month Hospital Admission Major Hospital Cost(P) February 1,300 P850,000.00 March 8,500 P1,350,000.00 April 1,600 P1,150,000.00 May 1,400 P950,000.00 June 1,200 P800,000.00 July 200 P50,000.00 August 1,650 P1,200,000.00 September 1,550 P1,050,000.00 The breakdown of the major hospital costs in the month of May at 1,400 hospital admission is as follows: Accommodation Expense (Variable) P400,000.00 Utilities (Fixed) P300,000.00 Medicine (Mixed) P250,000.00 Total Overhead Cost P950,000.00 Requirements: Determine how much of major hospital cost for the month of August of P1,200,000.00 consisted of medicine cost Using high-low method, determine the cost function for Medicine Using high-low method, determine the cost function for major hospital cost What would be…
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Using the information below from Verdi Diagnostic Services, what is the formula for the total costs of X-rays? March April May X-Rays Taken X-ray Costs $13,500 $10,000 $7,500 7,000 5,000 3,000 O Total cost = $13,500+ ($0.57 x number of X-rays) B U O Total cost $1.75 + ($1,250x number of X-rays) O Total cost = $3,000 + ($1.50x number of X-rays) O Total cost = $2,000+ ($2.00 x number of X-rays)
arning Exchange 2021 English (en) The graph below shows monthly data collected on facilities maintenance department costs and on the number of patient-days serviced over the past yea 50, 000 45,000 tineof Best F 40,000 35.000 30,000 25, 000 20,000 15,000 10,000 5,000 1,000 2,000 3,000 4,000 5,000 6,000 # of Patient-Days The cost function would be stated as: O a. y = 15,000 + 5.00x O b. y = 10,000 + 10.00x O c. y = 10,000 + 6.67x O d. y = 9,500 + 7.17x aro to conuuh Maintenance Department Costs
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The Hospital La Salud forthe following data on electricity costs and the number of patients per month of the last year for you to develop a cost function. Electricity costs $5,500 5,800 Patients 1,836 2,100 2,914 1,258 1,025 1,416 2,965 2,692 1,038 Months January Feb 6,200 4,325 4,025 4,445 6,500 5,890 3,900 3,700 3,990 4,998 Sea April May Jun Jul Aug Setp Oct 950 Nov 1,100 Dec 1,564 Requirements: 1. Using the High Low Method determine the FIXED COST AND VARIABLE COST 2. EXPRESS THE COST FUNCTION SUPPOSE FOR THE FIRST TRIMESTRE OF THE ANUS, YOU HAVE PROJECTED THE FOLLOWING NUMBERS OF PATIENTS: January 2,985/ Feb 3,250/ March 4,950 Present the total cost for each projected month. 3. 4. Present the above using the DATA ANALYSIS TOOL in EXEL
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Multiple Choice High activity level (September) Low activity level (May) Using the high-low method, what would be the estimated maintenance cost in a month with 2,690 patient-days? O $9,656 $9,428 $8,386 Patient-Days 3,500 2,500 $6,228 Maintenance Cost $ 10,400 $ 9,200 $
8. Fay Teng's expenditures for the past 3 months were: August, $1,735.50; September, $1,829.42; and October, $1,793.88. What is her average monthly expenditure? 9. You uce the utility comu.'sbudect praWor paving vour Vour -------. SA6:Docember S100 27 M Tu $94 10. aw-Hill Companies, Inc. All rights reser
To estimate the monthly maintenance cost for the maintenance department in a hospital, the following monthly costs are available: Monthly Expense Supervisor Salary Expense Depreciation Expense-Maintenance Equipment Repairs Expense-Maintenance Equipment Supplies Expense Wages Expense-Maintenance Workers $10,000 The Supervisor Salary Expense and the Depreciation Expense are fixed costs. The remaining expenses are variable costs. There are 1,000 patient days in a month, which is the cost driver for maintenance costs. Estimate the cost function where Y is the monthly maintenance cost and X is the variable cost per patient day. OY-58+$22X OY $30,000 $22.000x OY-$8,000-$22,000x OY-$8,000 $22X $5,000 Costs $3,000 $5,000 $7,000
Part (two). The following information relates to the wards in the cardiology department of Good Health Hospital for one accounting period Wards 1 2 3 Number of Beds 12 10 20 Total number of Patients 48 32 108 Total ward staff (excluding consultants) 8 8 12 Ward staff – full-time equivalent 5 4 6 Variable operating costs for period £58,000 £66,000 £98,000 Operating fixed costs £85,000 £67,000 £88,000 General overhead costs £40,000 £40,000 £40,000 General overhead costs are made up of recharges from support services. The total cost of £120,000 is split equally between the three wards. The hospital manager is concerned about the high costs of running the three heart-care wards. She has asked you to investigate their performance. Question Write a report which investigates the costs of operating the three hospital wards. Your report should include appropriate measures of performance for each ward and you…

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