Fiorella and Sanchez, physicians, budgeted for the following revenue and expenses for September: Depreciationequipment . . .

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Fiorella and Sanchez, physicians, budgeted for the following revenue and expenses for September:

Depreciation­equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,850

Fringe benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,300

Lease expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .... 2,500

Nursing wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... 4,500

Physicians' salaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..28,000

Patient revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..58,500

Secretarial support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,200

Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 650

Prepare a budgeted income statement for the month ending September 30, 2013.

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Principles of Cost Accounting

ISBN: 978-1133187868

16th edition

Authors: Edward J. Vanderbeck

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