Question
From the link below: https://www.chegg.com/homework-help/questions-and-answers/elmo-clinic-identified-three-activities-daily-maternity-care-occupancy-feeding-nursing-nur-q8787395 Please send me a revised answers of the following required: Required: 1 . Calculate the maternity cost per patient day
From the link below:
https://www.chegg.com/homework-help/questions-and-answers/elmo-clinic-identified-three-activities-daily-maternity-care-occupancy-feeding-nursing-nur-q8787395
Please send me a revised answers of the following required:
Required:
1. Calculate the maternity cost per patient day by using a functional-based approach. This is a traditional approach that costs maternity cases by patient day as a whole based on the total cost of maternity care.
2. Calculate the cost per patient day by using an activity-based approach. (Round rates and unit cost to two decimal places.) Assume two cost pools: occupancy and feeding and nursing care. Determine the cost per patient day by type of patient.
3. The hospital processes 1,250,000 pounds of laundry per year. The cost of laundering activity is $600,000 per year. In a functional-based cost system, the cost of the laundry department is assigned to each user department in proportion to the pounds of laundry produced. Typically, maternity produces 240,000 pounds per year. How much would this change the cost per patient day calculated in Requirement 1? Now, describe what information you would need to modify the calculation made in Requirement 2. Under what conditions would this activity calculation provide a more accurate cost assignment?
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