Question
Campbell Outpatient Surgery Center (COSC) is developing an operating budget for the month ending June 30, 2021. COSC expects to perform 90 surgical procedures during
Campbell Outpatient Surgery Center (COSC) is developing an operating budget for the month ending June 30, 2021. COSC expects to perform 90 surgical procedures during the month. COSCs average charge (price) per surgical procedure is $2,700. The cost of disposable surgical supplies is $350 per surgical procedure. COSC also contracts with orthopedic surgeons at a fee of $1,750 per surgical procedure. The monthly salaries for MOSCs receptionist, bookkeeper, and two surgical nurses total $11,500. MOSCs occupancy costs, which include space rental, insurance, and all utilities, are $8,600 per month. Average monthly communication costs are $1,400. Office and operating room equipment was installed at a cost of $270,000. The equipment is expected to have a 5-year life and has no salvage value. Prepare COSCs operating budget for the month of June 20X1
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started