Give Answer to this financial accounting Question toiletries $560,Palm Grove Resort records guest amenitycosts. Weekly usage:$840,room suppliescomplimentaryitems $295. Show thetotal amenityexpense.

Explanation of Room Supplies: Room supplies refer to the items provided in guest rooms to enhance…

Answered: toiletries $560, Palm Grove Resort…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 1EA: Magio Company manufactures kitchen equipment used in hospitals. They distribute their products...

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partial list of Foothills Medical Center’s costs follows:a. Cost of laundry services for operating room personnelb. Salary of intensive care personnelc. Depreciation on patient roomsd. Cost of blood testse. Nurses’ salariesf. Cost of patient mealsg. Overtime incurred in the Patient Records Department due to a computerfailureh. Operating room supplies used on patients (catheters, sutures, etc.)i. Doctor’s feej. Cost of X-ray testk. Cost of maintaining the staff and visitors’ cafeterial. Cost of drugs used for patientsm. Cost of intravenous solutions used for patientsn. Cost of improvements on the employee parking loto. Salary of the nutritionistp. General maintenance of the hospitalq. Cost of advertising hospital services on televisionr. Cost of new heart wings. Training costs for nursest. Depreciation of X-ray equipmentu. Utility costs of the hospital Instructions1. What would be Foothills Medical Center’s most logical definition for the final cost object? Explain.2. Identify whether…
A partial list of The Grand Hotel’s costs follows:a. Cost to mail a customer surveyb. Wages of convention setup employeesc. Pay-per-view movie rental costs (in rooms)d. Cost of foode. Cost of room mini-bar suppliesf. Training for hotel restaurant serversg. Cost to paint lobbyh. Cost of laundering towels and beddingi. Champagne for guestsj. Salary of the hotel managerk. Depreciation of the hotell. Cost of valet parkingm. Wages of bellhopsn. Cost to replace lobby furnitureo. Cost of advertising in local newspaperp. Wages of desk clerksq. Wages of maidsr. Cost of new carpetings. Guest room telephone costs for longdistance callst. Cost of soaps and shampoos for roomsu. Utility costv. Wages of kitchen employeesw. General maintenance suppliesInstructions1. What would be The Grand Hotel’s most logical definition for the final cost object?Explain.2. Identify whether each of the costs is to be classified as direct or indirect. For purposes of classifying each cost as direct or indirect, use the…
Question： A hospital uses a type of disinfectant for cleaning at an annual rate of 1000 bottles. The disinfectant normally costs the hospital $3 per bottle. The annual inventory holding cost is $0.80 per bottle and it costs $16 to place an order with the supplier. The supplier o§ers a 4% discount on orders of at least 400 bottles and a 7% discount for at least 800 bottles.Determine1. The hospitalís optimal order quantity and minimum total annual cost; 2. The number of orders per year.
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please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste
Magio Company manufactures kitchen equipment used in hospitals. They distribute their products directly to the customer and, for the year ending 2019, they reported these revenues and expenses. Use this information to calculate the operating income for the year 2019. Magio Company data Revenue and Expenses Sales revenue Cost of Goods Sold Operating expenses Amount $802,343 $453,875 $174,045
Parktown Medical Center, Ine., is a small bealch care provider owned by a publicly held corporation. It employs 7 salaried physicians, 10 nurses, 3 support staff, and 3 clerical workers. The clerical workers perform such tasks as reception, correspondence, cash receipts, billing, and appointment scheduling. All are adequately bonded. * Life-long Icaring opportumstro see p. asl in pretace. PART I ACCOUNTING INFORMATION SYSTEMS APPLICATIONS Most patients pay for services rendered by cash or check on the day of their visit. Sometimes, however, the physician who is to perform the respective services approves credit based on an interview. When credit is approved, the physician files a memo with one of the clerks to set up the receivable using data the physician gencrates, The servicing physician prepares a charge slip that is given to one of the clerks for pricing and preparation of the patient's bill. At the end of the day, one of the clerks uses the hills to prepare a revenue summary and,…
The following are account balances for Scott Regional Hospital as of September 30, 20X1. Prepare a balance sheet at September 30, 20X1 for Scott Regional Hospital. You will create a balance sheet outside Blackboard. Enter balances for Total Current Assets; Net plant, property & equipment; Total Assets; Total Current Liabilities; Total Liabilities; Total net assets and Total liabilities and net assets. Givens: Gross plant, property, and equipment $25,000,000 Accrued expenses $2,750,000 Cash $2,000,000 Net accounts receivable $9,500,000 Accounts payable $6,200,000 Long-term debt $16,000,000 Supplies $2,000,000 Accumulated depreciation $1,750,000
Magio Company manufactures kitchen equipment used in hospitals. They distribute their products directly to the customer and, for the year ending 2019, they reported these revenues and expenses. Use this information to calculate the gross profit for the year 2019. Magio Company data Revenue and Expenses Sales revenue Cost of Goods Sold Operating expenses Amount $864,183 $496,357 $196,815
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toiletries $560, Palm Grove Resort records guest amenity costs. Weekly usage: $840, room supplies complimentary items $295. Show the total amenity expense.