Elmo Security Consultants (ESC) offer a standardized review of data security for small business owners. The following data apply to theprovision of these reviews:Sales price per unit (1 unit = 1 review with recommendations)Fixed costs (per month):Selling and administrationProduction overhead (e.g., rent of facilities)Variable costs (per review):Labor for oversight and feedbackOutsourced security analysisMaterials used in reviewsReview overheadSelling and administration (e.g., scheduling and billing)Number of reviews per monthRequired:a. Variable review (production) cost per unitb. Variable total cost per unitc. Full cost per unitd. Full absorption cost per unite. Prime cost per unitf. Conversion cost per unitCalculate the amount for each of the following (one unit = one review) if the number of reviews is 2,500 per month. Also calculate if thenumber of reviews decreases to 2,000 per month.g. Contribution margin per unith. Gross margin per unit2,500Reviews$ 5002,000Reviews50,00070,000250481028302,500 reviews

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Answered: Required: Calculate the amount for each…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose that the 2 month and 5 month continuously compounded SOFR rates are 1% and 2.20% respectively. What is the forward SOFR rate for the period between 2 months and 5 months on a continuously compounded basis? a. 3.00% b. 3.25% c. 2.50% (Answer is 3% but how do I get there)
Problem 1c: Consider the following information for Rosebud Lane Hospital. The number of admissions for the year are expected to equal 1000, but could vary from 750 to 1250. Rosebud's fee-for-service is $2,000 under a prospective payment system. Under a capitation reimbursement system, Rosebud must cover 1000 patients at a capitation payment of $2,000. Rosebud's annual fixed costs are $500,000 and it variable cost per admission is $1,500. 1c. Calculate Rosebud's net profit under the Fee For Service Reimbursement method if admissions are 1250. (Answer to the nearest dollar. Do not include the dollar sign in your answer.) 1d. Calculate Rosebud's net profit under Capitation if admissions are 1250. (Answer to the nearest dollar. Do not include the dollar sign in your answer.)
A-7
Find the savings plan balance after 12 months with an APR of 5% and monthly payments of $250. The balance is $ (Do not round until the final answer. Then round to the nearest cent as needed.)
⠀⠀ Exercise (From 3-5 Seal et al 5th Ed, page 89-90) St Mark's Hospital contains 450 beds. The average occupancy rate is 80% per month. In other words, on average, 80% of the hospital's beds are occupied by patients. At this level of occupancy, the hospital's operating costs are £32 per occupied bed per day, assuming a 30-day month. This £32 figure contains both variable and fixed cost elements. During June, the hospital's occupancy rate was only 60%. A total of £326,700 in operating cast was incurred during the month. Required: 1. Using the high-low method, estimate: a. The variable cost per occupied bed on a daily basis b. The total fixed cost operating cost per month. 2. Assuming an occupancy rate of 70% per month. What amount of total operating cost would you expect the hospital to incur? 3. Information about and use of (i) Direct/Indirect costs, (ii) Fixed and Variable costs are important for managing via accounting. Briefly write down and describe the 2 concepts pairs above and…
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You can earn .53 percent per month at your bank. If you deposit $3,600, how long must you wait until your account has grown to $6,600? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Number of months
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Suppose plant capacity were only 13,000 pieces instead of 15,000 pieces each month. Thespecial order must either be taken in full or be rejected completely. Should Carilla accept thespecial order? Show your calculations
A dining room set costs $400, less 30% and 10%. The overhead costs are 25% of cost and operating profit is 30% of cost. After three months, the set is reduced to $200. To the nearest 0.1%, what is the rate of markdown of the set?
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Required: Calculate the amount for each of the following (one unit = one review) if the number of reviews is 2,500 per month. Also calculate if the number of reviews decreases to 2,000 per month.