Profit centers and allocations) Multiple-doctor medical practices are often structured with each doctor acting as a profit

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Profit centers and allocations) Multiple-doctor medical practices are often structured with each doctor acting as a profit center.

a. Discuss why such an organizational structure would be useful.

b. Go to the Web and find some software packages that could be used to account for such an organizational structure.

c. List some costs of a medical practice that would be directly traceable to each physician.

d. List some costs of a medical practice that might not be directly traceable to each physician. Provide possible allocation bases for such costs.

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Cost Accounting Foundations And Evolutions

ISBN: 9780324235012

6th Edition

Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn

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