A local hospital is required to account for the total cost of patient care, including support costs.
Question:
A local hospital is required to account for the total cost of patient care, including support costs. Patients are assigned all direct costs. Support costs are $240,000 per month plus $90 per patient day. This 120-bed hospital averages 80% occupancy.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Monthly occupancy 120 beds ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 392
2nd Edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
Question Posted:
Students also viewed these Managerial Accounting questions
-
The only accurate way to account for the success or failure of an entity is to accumulate all transactions from the opening of business until the business eventually liquidates.
-
The following table shows the total cost of producing various quantities of shoehorns and the total value of those shoehorns to consumers. What are the price and quantity produced if the shoehorn...
-
The following mechanism has been proposed to account for the rate law of the decomposition of ozone to O2(g): Apply the steady-state hypothesis to the concentration of atomic oxygen, and derive the...
-
Suppose you want to reduce the level of trash disposed by your household. Develop an emission standard, a technology standard, and an ambient standard that would accomplish the reduction.
-
How many significant figures do these numbers have? a. 23 b. 23.0 c. 0.00023 d. 0.0002302
-
Use the resources of your college library and interviews in your community to describe each of the dimensions of organizational structure for a local quick-service and fi ne-dining restaurant. How...
-
2. Compute daily volatilities for 1991 through 2004 for IBM, Xerox, and the S&P 500 index. Annualize by multiplying by 252. How do your answers compare to those in Problem 1?
-
McTaggart-Hicks transactions as operating (O), investing (I), financing (F), non-cash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate...
-
Return to Blackboard LO LUS Davis, Managerial Accounting, Je Hell System Announcements CALCULATOR Exercise 3-24 According to a March 3, 2012, Times.com artide, Apple enjoyed a 51% gross margin on...
-
Assume that WES would like to replace its non-current lease liabilities (in 2021) with a new issue of bonds. Assume that the issue will have a coupon rate of 5% with a 15 year maturity. Assume the...
-
Would better decisions be made with information from single-rate or dual-rate cost allocation systems? Explain your reasoning.
-
Andy Rich is an agent for Steve Kurl, a basket-ball player who has been on a number of championship professional teams over the last 10 years. Steve complained to Andy that his compensation does not...
-
What are the main differences in the 14 steps used to do non-statistical sampling for tests of details of balances versus for tests of controls and substantive tests of transactions?
-
Letf(x) =?x. If the rate of change of f at x= c is twice its rate of change at x=1,then find the value of c?
-
1. What is DBMS and what is its utility? Explain RDBMS with examples. 2. What is a Database? 3. Mention the issues with traditional file-based systems that make DBMS a better choice 4. Explain a few...
-
A firm with a cost of capital of 10% has estimated that it will have to pay its Sales Manager the following amounts of commission at the end of each of the next 5 years: The Sales Manager would...
-
You have just begun your summer internship at Omni Instruments. The company supplies sterilized surgical instruments for physicians. To expand sales, Omni is considering paying a commission to its...
-
What drives surface currents?
-
Crew Soccer Shoes Company is considering a change of their current inventory control system for soccer shoes. The information regarding the shoes is given below. Average demand = 200 pairs/week Lead...
-
You hear someone comment that any inventory is a sign of waste. Do you agree or disagree? Can managers simultaneously justify holding inventories and still seek out ways to lower inventory levels?
-
In Malay, the expression for the mean is sama rata, which roughly translates as same level. To understand this cultural and conceptual connection, take some poker chips (or other equal-sized,...
-
Problem 12.6A (Algo) Liquidation of a partnership LO P5 Kendra, Cogley, and Mel share income and loss in a 3.21 ratio (in ratio form: Kendra, 3/6: Cogley, 2/6; and Mel, 1/6), The partners have...
-
Melody Property Limited owns a right to use land together with a building from 2000 to 2046, and the carrying amount of the property was $5 million with a revaluation surplus of $2 million at the end...
-
Famas Llamas has a weighted average cost of capital of 9.1 percent. The companys cost of equity is 12.6 percent, and its cost of debt is 7.2 percent. The tax rate is 25 percent. What is the companys...
Study smarter with the SolutionInn App