2 Two types of esse promed in the blood tests and an During the bod tests 3.600 were performed in the plesored in both types of During the game op.000 cast of 2600 of these plates were used at the end of the mone ne ples were on the beginning of During the post mort 2.500 hours of bome were recorded in the cost of $20.160 The's variable do month to 2320 We ww Host has never secos y searching industry over you to determined towing widerges for his Plates Theeples were per te. These scot 340 hered from Labor Each tied to show hours to come, and each she shown to complete cost of the best Overhead Ovest con is based onderhours. The average rate for var ved $270 perro Required: Comendo a materice vinance of the plate purchased out on and rates Quercy virescetur replies mo 2. Forlabor con in the a Corte arte verance and also ency w the hate the won the left to reco way Vew sources and there would your tend Come verwendence Camaltes by mering your answers in the tabellen Campepinde med the www.at IM Check in wak 2 5 John Fleming, chef administrator for Vwley View Hospit, is concerned about the costs for tests in the hospit's tab. Charges for lab tests are consistently Ngher at Valley View than other hospitals and have resulted in many complaints. Also, because of strict regulations on amounts rembursed for lab tests, payments received from insurance companies and governmental units have not been high enough to cover tab costs M. Feming has asked you to evaluate costs in the hospitals tab for the past month. The flowing information is available 2. Two types of tests are performed in the lab-blood tests and means. During the past month, 1100 blood tests and 3.600 mars were performed in the lab 6. Small glass plates are used in both types of bests. During the past month, the hospital purchased 18,000 plates at a cost of $53,340. 2.600 of these plates were used at the end of the montre plates were on hand at the beginning of the month During the past month. 2.600 hours of labor time were recorded in the lob at a cost of $28.860. d. The lab's variable overhead cost last month totaled $21.320. Valley View Hospital has never used standard costs. Bly searching industry literature, however you have determined the following nationwide averages for hospital Plates Three plates we required per lab test. These plates cout $3.40 each and are disposed of other the test is completed Labor Each blood test should require 08 hours to complete, and each should require 040 hours to complete. The nego cost of this job time is $10 per hout Overheast Overhead cost is based on direct labor hours. The average rate for variable overhead is $770 per hour Required 1 Computea materials are variance for the plates purchased last mon and a materiais quantity wariance for the plotesused last month 2. For bor cost in the last Computea laborate variance and a labor efficiency wiance b. in most hospitals, one-half of the workers in the tab are senior technicians and one-half are assistants in an effort to reduce costs Valley View Hospital employs only one fourth senior technicians and the fourths assistants. Would you recomend that this policy be cominud? 3- Compute the variable overhead rate and efficiency variances 3. Is there any reation between the variable overhead officiency variance and the labor eficiency variance? in the label 2 Two types of esse promed in the blood tests and an During the bod tests 3.600 were performed in the plesored in both types of During the game op.000 cast of 2600 of these plates were used at the end of the mone ne ples were on the beginning of During the post mort 2.500 hours of bome were recorded in the cost of $20.160 The's variable do month to 2320 We ww Host has never secos y searching industry over you to determined towing widerges for his Plates Theeples were per te. These scot 340 hered from Labor Each tied to show hours to come, and each she shown to complete cost of the best Overhead Ovest con is based onderhours. The average rate for var ved $270 perro Required: Comendo a materice vinance of the plate purchased out on and rates Quercy virescetur replies mo 2. Forlabor con in the a Corte arte verance and also ency w the hate the won the left to reco way Vew sources and there would your tend Come verwendence Camaltes by mering your answers in the tabellen Campepinde med the www.at IM Check in wak 2 5 John Fleming, chef administrator for Vwley View Hospit, is concerned about the costs for tests in the hospit's tab. Charges for lab tests are consistently Ngher at Valley View than other hospitals and have resulted in many complaints. Also, because of strict regulations on amounts rembursed for lab tests, payments received from insurance companies and governmental units have not been high enough to cover tab costs M. Feming has asked you to evaluate costs in the hospitals tab for the past month. The flowing information is available 2. Two types of tests are performed in the lab-blood tests and means. During the past month, 1100 blood tests and 3.600 mars were performed in the lab 6. Small glass plates are used in both types of bests. During the past month, the hospital purchased 18,000 plates at a cost of $53,340. 2.600 of these plates were used at the end of the montre plates were on hand at the beginning of the month During the past month. 2.600 hours of labor time were recorded in the lob at a cost of $28.860. d. The lab's variable overhead cost last month totaled $21.320. Valley View Hospital has never used standard costs. Bly searching industry literature, however you have determined the following nationwide averages for hospital Plates Three plates we required per lab test. These plates cout $3.40 each and are disposed of other the test is completed Labor Each blood test should require 08 hours to complete, and each should require 040 hours to complete. The nego cost of this job time is $10 per hout Overheast Overhead cost is based on direct labor hours. The average rate for variable overhead is $770 per hour Required 1 Computea materials are variance for the plates purchased last mon and a materiais quantity wariance for the plotesused last month 2. For bor cost in the last Computea laborate variance and a labor efficiency wiance b. in most hospitals, one-half of the workers in the tab are senior technicians and one-half are assistants in an effort to reduce costs Valley View Hospital employs only one fourth senior technicians and the fourths assistants. Would you recomend that this policy be cominud? 3- Compute the variable overhead rate and efficiency variances 3. Is there any reation between the variable overhead officiency variance and the labor eficiency variance? in the label