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Solve this Green Valley Nursery tracks plant losses weekly. Beginning count 250 plants, purchased 300, sold 420. Physical count shows 115 plants. Find the number of lost plants.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter17: Activity Resource Usage Model And Tactical Decision Making

Section: Chapter Questions

Problem 26P: St. Johns Medical Center (SJMC) has five medical technicians who are responsible for conducting...

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CUI... All Branches - Fall 2020/21.. A Saved Help Save & Exit Submit Douglas Noel went to Home Depot and bought eight doors at $43.19 each and eight bags of fertilizer at $8.70 per bag. (Round your answers to 2 decimal places.) What was the total cost to Douglas? a. Total cost :14 b. If Douglas had $450 in his pocket, what does he have left to spend? Balance cost Next > < Prev 4 of 10 08:07 e O ENG
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On October 1, 2021, the warehouse of ABC Co. and all inventories contained therein were razed by fire.Off-site back up of database shows the following information:Inventory, Jan. 1 20,000Net purchases 190,000Net sales from Jan. to Sept. 240,000Gross profit rate based on cost 25% Twenty percent of the inventory contained in the warehouse has been salvaged from the fire while half ispartially damaged and can be sold as scrap at thirty percent of its cost. How much is the inventory lossdue to the fire?
A 303.
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St. Johns Medical Center (SJMC) has five medical technicians who are responsible for conducting cardiac catheterization testing in SJMCs Cath Lab. Each technician is paid a salary of 36,000 and is capable of conducting 1,000 procedures per year. The cardiac catheterization equipment is one year old and was purchased for 250,000. It is expected to last five years. The equipments capacity is 25,000 procedures over its life. Depreciation is computed on a straight-line basis, with no salvage value expected. The reading of the catheterization results is conducted by an outside physician whose fee is 120 per test. The technicians report with the outside physicians note of results is sent to the referring physician. In addition to the salaries and equipment, SJMC spends 50,000 for supplies and other costs needed to operate the equipment (assuming 5,000 procedures are conducted). When SJMC purchased the equipment, it fully expected to perform 5,000 procedures per year. In fact, during its first year of operation, 5,000 procedures were run. However, a larger hospital has established a clinic in the city and will siphon off some of SJMCs business. During the coming years, SJMC expects to run only 4,200 cath procedures yearly. SJMC has been charging 850 for the procedureenough to cover the direct costs of the procedure plus an assignment of general overhead (e.g., depreciation on the hospital building, lighting and heating, and janitorial services). At the beginning of the second year, an HMO from a neighboring community approached SJMC and offered to send its clients to SJMC for cardiac catheterization provided that the charge per procedure would be 550. The HMO estimates that it can provide about 500 patients per year. The HMO has indicated that the arrangement is temporaryfor one year only. The HMO expects to have its own testing capabilities within one year. Required: 1. Classify the resources associated with the cardiac catheterization activity into one of the following: (1) committed resources, or (2) flexible resources. 2. Calculate the activity rate for the cardiac catheterization activity. Break the activity rate into fixed and variable components. Now, classify each activity resource as relevant or irrelevant with respect to the following alternatives: (1) accept the HMO offer, or (2) reject the HMO offer. Explain your reasoning. 3. Assume that SJMC will accept the HMO offer if it reduces the hospitals operating costs. Should the HMO offer be accepted? 4. Jerold Bosserman, SJMCs hospital controller, argued against accepting the HMOs offer. Instead, he argued that the hospital should be increasing the charge per procedure rather than accepting business that doesnt even cover full costs. He also was concerned about local physician reaction if word got out that the HMO was receiving procedures for 550. Discuss the merits of Jerolds position. Include in your discussion an assessment of the price increase that would be needed if the objective is to maintain total revenues from cardiac catheterizations experienced in the first year of operation. 5. Chandra Denton, SJMCs administrator, has been informed that one of the Cath Lab technicians is leaving for an opportunity at a larger hospital. She met with the other technicians, and they agreed to increase their hours to pick up the slack so that SJMC wont need to hire another technician. By working a couple hours extra every week, each remaining technician can perform 1,050 procedures per year. They agreed to do this for an increase in salary of 2,000 per year. How does this outcome affect the analysis of the HMO offer? 6. Assuming that SJMC wants to bring in the same revenues earned in the cardiac catheterization activitys first year less the reduction in resource spending attributable to using only four technicians, how much must SJMC charge for a procedure?
University Car Wash purchased new soap dispensing equipment that cost $234,000 including installation. The company estimates that the equipment will have a residual value of $27,000. University Car Wash also estimates it will use the machine for six years or about 12,000 total hours. Actual use per year was as follows: Year Hours Used 1 2,800 2 1,900 3 2,000 4 2,000 5 1,800 6 1,500 Required: 1. Prepare a depreciation schedule for six years using the straight-line method. (Do not round your intermediate calculations.)
Fill in the costs and benefits (including the discounted values) up till year 20 to find the total cost and benefit. Please show the results using the maximum trash amount and the maximum operating cost. parameters trash amount 700 min amount 700 max amount 900 days 260 sorting cost 10 operating cost 80 min cost 50 max cost 80 landfill saving 100 mulch cost 10 discount 0,03 % compostable 58% costs year sorting cost discounted cost 0 $ - $ - 1 $ 1.820.000,00 $ 1.766.990,29 2 3 etc total sorting cost: pv formula year operating cost discounted cost 0 $ - $ - 1 $ 8.444.800,00 $ 8.198.834,95 2 3 etc total operating cost: pv formula year…