Hello tutor answer these general accounting question do fast Southwest Community Hospital uses a job-order costing system to trackcharges for each patient. The following charges relate to Candice O'Dea,who had laparoscopic knee surgery:PharmacySterile supplySupplies, other$2501,0004,000Operating room service (nursing staff) 4,000AnesthesiaAnesthesiologist1,0003,000Southwest charges patients for the use of the operating room based ona predetermined overhead rate. The estimated overhead costs of theoperating room are $5,000,000, and the activity base is available hoursof 2,000.a. Calculate the predetermined overhead rate for the operating room anddetermine the charge to Candice. Assume that her surgery took 3 hoursin the operating room.b. Calculate the total cost for the knee surgery.

Step 1:- Introduction to the Predetermined Overhead RateThe manufacturing overhead rate helps the…

Answered: Southwest Community Hospital uses a…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter4: Activity-based Costing

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Blue Spruce'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 $273900, $161700, and $66600, respectively. Information on the hours used are as follows: Hours in Acct Hours in Admin Hours in HR Acct O $30204. O $28710. O $30417. O $0. 16 8 Admin HR 20 4 48 8 Surgery 360 120 65 ER 220 80 130 What amount of costs would be allocated from the accounting department to the other support departments (admin and HR) using the reciprocal method to allocate costs? (Do not round the intermediate calculations.)
SHOW ALL WORK FOR ALL HIGHLIGHTED, AND ROUND ALL VALUES TO 5 DECIMALS . Give typing answer otherwise I'll give you downward?
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A Community health clinic's costs are shown below. What is total average cost per patient? 4,824 Patients Total variable costs $6,375 Total fixed costs ? Variable cost per ? patient Fixed cost per patient $2.40 Total average cost per patient ? Round your answer to two decimal places. Do not round any intermediate calculations.
Health-Temp Company is a placement agency for temporary nurses. It serves hospitals and clin-ics throughout the metropolitan area. Health-Temp Company believes it will place temporary nurses for a total of 23,500 hours next year. Health-Temp charges the hospitals and clinics $90per hour and has variable costs of $75.60 per hour (this includes the payment to the nurse). Totalfixed costs equal $321,000.Required:1. Calculate the contribution margin per unit and the contribution margin ratio.2. Calculate the sales revenue needed to break even.3. Calculate the sales revenue needed to achieve a target profit of $100,000.4. What if Health-Temp had target operating income (profit) of $110,000? Would sales revenuebe larger or smaller than the one calculated in Requirement 3? Why? By how much?
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Selected financial data for the Micco Community Health Clinic follows for a volume of 120,000 patients. Total Fixed Costs $304,144 Total costs (fixed and variable) $464,620 Calculate the variable cost per patient. (input your number without dollar signs or commas. Use 2 decimal places.)
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