Suppose that a surgical ward has gathered the following information for four nursing activities and two types of patients: Patient Category Driver Normal Intensive Activity Rate Treating patients Treatments 7,400 10,000 $4.00 Providing hygienic care Hygienic hours 4,800 18,100 5.00 Responding to requests Requests 32,000 80,000 2.00 Monitoring patients Monitoring hours 6,000 72,000 3.00 Required: 1. Determine the total nursing costs assigned to each patient category. Costs Assigned Normal Intensive 2. Output is measured in patient days. Assuming that the normal patient category uses 8,000 patient days and the intensive patient category uses 6,400 patient days, calculate the nursing cost per patient day for each type of patient. Round your answers to the nearest cent. Normal per patient day Intensive per patient day 3. Conceptual Connection: The supervisor of the surgical ward has suggested that patient days is the only driver needed to assign nursing costs to each type of patient. Calculate the charge per patient day using this approach. Round your answer to the nearest cent. per patient day
Suppose that a surgical ward has gathered the following information for four nursing activities and two types of patients: Patient Category Driver Normal Intensive Activity Rate Treating patients Treatments 7,400 10,000 $4.00 Providing hygienic care Hygienic hours 4,800 18,100 5.00 Responding to requests Requests 32,000 80,000 2.00 Monitoring patients Monitoring hours 6,000 72,000 3.00 Required: 1. Determine the total nursing costs assigned to each patient category. Costs Assigned Normal Intensive 2. Output is measured in patient days. Assuming that the normal patient category uses 8,000 patient days and the intensive patient category uses 6,400 patient days, calculate the nursing cost per patient day for each type of patient. Round your answers to the nearest cent. Normal per patient day Intensive per patient day 3. Conceptual Connection: The supervisor of the surgical ward has suggested that patient days is the only driver needed to assign nursing costs to each type of patient. Calculate the charge per patient day using this approach. Round your answer to the nearest cent. per patient day
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Suppose that a surgical ward has gathered the following information for four nursing activities and two types of patients:
Patient Category
Driver
Normal
Intensive
Activity Rate
Treating patients
Treatments
7,400
10,000
$4.00
Providing hygienic care
Hygienic hours
4,800
18,100
5.00
Responding to requests
Requests
32,000
80,000
2.00
Monitoring patients
Monitoring hours
6,000
72,000
3.00
Required:
1. Determine the total nursing costs assigned to each patient category.
Costs Assigned
Normal
Intensive
2. Output is measured in patient days. Assuming that the normal patient category uses 8,000 patient days and the intensive patient category uses 6,400 patient days, calculate the
nursing cost per patient day for each type of patient. Round your answers to the nearest cent.
Normal
per patient day
Intensive
$4
per patient day
3. Conceptual Connection: The supervisor of the surgical ward has suggested that patient days is the only driver needed to assign nursing costs to each type of patient. Calculate the
charge per patient day using this approach. Round your answer to the nearest cent.
per patient day
Expert Solution
Step 1 Calculation of total nursing cost
| (A) | (B) | (A X B) | (C) | (A X C) | |
| Activity Rate | Normal | Nursing cost | Intensive | Nursing cost | |
| Treating patients | $4 | 7,400 | 29,600 | 10,000 | 40,000 |
| Providing hygenic care | $5 | 4,800 | 24,000 | 18,100 | 90,500 |
| Responding to requests | $2 | 32,000 | 64,000 | 80,000 | 160,000 |
| Monitoring Patients | $3 | 6,000 | 18,000 | 72,000 | 216,000 |
| $135,600 | $506,500 |
Normal Cost Assigned = $135,600
Intensive Cost Assigned = $506,500
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