This assignment is designed to help you learn how to determine total costs by combining direct and indirect costs for a particular department. In this GHA, you will be determining the total costs for three departments: (1) Physical Therapy (2) Occupational Therapy and (3) Speech Therapy. To determine the total costs, you will need to add the direct costs to the indirect costs using the template provided below. Please use the example provided in the assignment description if you find that you need some support understanding the required calculations. DIRECT COSTS The direct costs for each department are easily identifiable, because they are the costs that are directly attributable to the department. The direct costs are as follows: Physical Therapy (PT) Occupational Therapy (OT) Speech Therapy (ST) Total Direct Costs INDIRECT COSTS The indirect costs will need to be allocated to Physical Therapy (PT), Occupational Therapy (OT), and Speech Therapy (ST). The indirect costs in this scenario have been identified as: (1) Clerical Salaries, (2) Administrative Salaries, and (3) Computer Servies. The total indirect costs that need to be allocated to PT, OT, and ST are as follows: Total Indirect Costs 60,000 75,000 65,000 50,000 50,000 Each type of indirect cost will need to be allocated to each department based on an allocation basis that is appropriate for the particular type of cost. Clerical Salaries will be allocated based on Visit Volume. Administrative Salaries will be allocated based on the Proportion of Direct Costs Computer Services will be allocated based on the Number of Computers in Service. Step 1: Set-up a Table of Direct and Indirect Costs
This assignment is designed to help you learn how to determine total costs by combining direct and indirect costs for a particular department. In this GHA, you will be determining the total costs for three departments: (1) Physical Therapy (2) Occupational Therapy and (3) Speech Therapy. To determine the total costs, you will need to add the direct costs to the indirect costs using the template provided below. Please use the example provided in the assignment description if you find that you need some support understanding the required calculations. DIRECT COSTS The direct costs for each department are easily identifiable, because they are the costs that are directly attributable to the department. The direct costs are as follows: Physical Therapy (PT) Occupational Therapy (OT) Speech Therapy (ST) Total Direct Costs INDIRECT COSTS The indirect costs will need to be allocated to Physical Therapy (PT), Occupational Therapy (OT), and Speech Therapy (ST). The indirect costs in this scenario have been identified as: (1) Clerical Salaries, (2) Administrative Salaries, and (3) Computer Servies. The total indirect costs that need to be allocated to PT, OT, and ST are as follows: Total Indirect Costs 60,000 75,000 65,000 50,000 50,000 Each type of indirect cost will need to be allocated to each department based on an allocation basis that is appropriate for the particular type of cost. Clerical Salaries will be allocated based on Visit Volume. Administrative Salaries will be allocated based on the Proportion of Direct Costs Computer Services will be allocated based on the Number of Computers in Service. Step 1: Set-up a Table of Direct and Indirect Costs
Chemistry
10th Edition
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Chapter1: Chemical Foundations
Section: Chapter Questions
Problem 1RQ: Define and explain the differences between the following terms. a. law and theory b. theory and...
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