Question
1.How would you describe the effects of charging a mark-up for internal catering and YTD sales & charges? a.A mark-up has no impact on YTD
1.How would you describe the effects of charging a "mark-up" for internal catering and YTD sales & charges?
a.A mark-up has no impact on YTD sales.
b.A mark-up increases sales and increases overall cost per patient day.
c.A mark-up increases sales and lowers overall cost per patient day.
d.A mark-up decreases sales and increases overall cost per patient day.
*see image for complete scenario
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
7th Edition
1-119-57105-6, 978-1119571056
