The graph below shows monthly data collected on facilities maintenance department costs and on the number of patient-days serviced over the pastyear.50,00045,000Line of Best Fle40,00035,00030,00025, 00020,00015,00010,0005,0001,0002,0003,004,0005,0006,000# of Patient-DaysUsing 0 and 3,000 patient-days, the total cost at an activity level of 8,000 customer patient-days would be:O a. $91,000O b. $66,860O c. $63,360O d. $55,000Maintenance Department Costs

Name: The graph below shows monthly data collected on facilities maintenanc
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: The graph below shows monthly data collected on facilities maintenance department costs and on the number of patient-days serviced over the pastyear.50,00045,000Line of Best Fle40,00035,00030,00025, 00020,00015,00010,0005,0001,0002,0003,004,0005,000

At 0 level of activity, there is cost of $ 10000 At 3000 level of activity, there is cost of $ 30000…

Business

Accounting

The graph below shows monthly data collected on facilities maintenance department costs and on the number of patient-days serviced over the p year. 50, 000 LineofBest Fit 45,000 40,000 35, 000 30,000 25 000 20,000 15,000 10,000 5000 1,000 2,000 3,000 # of Patient-Days 4,000 5,000 6,000 Using 0 and 3,000 patient-days, the total cost at an activity level of 8,000 customer patient-days would be: O a. $91,000 O b. $66,860 O c. $63,360 O d. $55.000 Maintenance Depar

The graph below shows monthly data collected on facilities maintenance department costs and on the number of patient-days serviced over the p year. 50, 000 LineofBest Fit 45,000 40,000 35, 000 30,000 25 000 20,000 15,000 10,000 5000 1,000 2,000 3,000 # of Patient-Days 4,000 5,000 6,000 Using 0 and 3,000 patient-days, the total cost at an activity level of 8,000 customer patient-days would be: O a. $91,000 O b. $66,860 O c. $63,360 O d. $55.000 Maintenance Depar

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Jamison Company uses the reciprocal services method to allocate support department costs and has gathered the following information: Janitorial Department Usage Cafeteria 50% Cutting 10% Assembly 40% Cafeteria Department Usage Janitorial 20% Cutting 60% Assembly 20% Janitorial Department costs are $450,000. Cafeteria Department costs are $250,000. What are the correct equations to represent (a) the total Janitorial (J) costs, (b) the total Cafeteria (C) costs, and (c) the rewritten equation substituting C into J? a. J = $fill in the blank 1 + (fill in the blank 2% × ) b. C = $fill in the blank 4 + (fill in the blank 5% × ) c. J = $fill in the blank 7 + {fill in the blank 8% × [$fill in the blank 9 + (fill in the blank 10% × )]}
Please give solution
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 20,900 Cost per Repair-Hour. $ 15.00 $ 7.78 $8.35 $ 1.80 Wages and salaries. Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses For example, wages and salaries should be $20,900 plus $15.00 per repair-hour. The company expected to work 2,500 repair-hours In May, but actually worked 2,400 repair-hours. The company expects its sales to be $45.00 per repair-hour. Revenue Expenses: $ 2,760 $ 5,790 $ 4,640 $ 3,850 Required: Compute the company's activity variances for May. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) Jake's Roof Repair Activity Variances For the Month Ended May 31 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Total expense Net operating…
The Housekeeping Services Department of Ruger Clinic, had $100,000 in direct costs during the year. Department Revenue HK Hours Adult Services $3,000,000 1,500 Pediatric Services $1,500,000 3,000 Other Services $ 500,000 500 Total $5,000,000 5,000 What is the value of the cost pool? Which of the two cost drivers is better? Patient service revenue or housekeeping hours? Why?
A company, has two departments—Hardware and Linens. The company’s most recent monthly contribution format income statement follows: Total Department Hardware Linens Sales $ 4,070,000 $ 3,000,000 $ 1,070,000 Variable expenses 1,350,000 950,000 400,000 Contribution margin 2,720,000 2,050,000 670,000 Fixed expenses 2,320,000 1,470,000 850,000 Net operating income (loss) $ 400,000 $ 580,000 $ (180,000) A study indicates $379,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens Department is dropped. In addition, the elimination of the Linens Department will result in a 20% decrease in the sales of the Hardware Department. Required: What is the financial advantage (disadvantage) of discontinuing the Linens Department?
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.)
Tell group victim points in units from the following cells $350,000, variable cost $50,000 fixed cost $90,000, total number of units, 5000
am. 211.
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $21,000 Cost per Repair-Hour $15.00 $7.50 $ 0.35 $ 1.70 $ 0.70 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses For example, wages and salaries should be $21,000 plus $15.00 per repair-hour. The company expected to work 2,900 repair-hours in May, but actually worked 2,800 repair-hours. The company expects its sales to be $51.00 per repair-hour Revenue Expenses $ 2,710 $ 5,740 Required: Compute the company's activity variances for May. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) $ 4,620 $ 3,820 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Jake's Roof Repair Activity Variances For the Month Ended May 31 Administrative expenses Total expense Net operating…