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I started but could not finish Optimal Health is an outpatient surgical clinic. The clinic's three activity cost pools and their cost drivers follow. Budgeted

I started but could not finish

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Optimal Health is an outpatient surgical clinic. The clinic's three activity cost pools and their cost drivers follow. Budgeted Activity Activity Budgeted Cost Activity Cost Driver Usage Supplies $ 2,550, 000 Surgical hours 15 , 000 Patient services 40 , 500 Number of patients 500 Building cost 403, 000 Square feet 2, 600 The two main surgical units and their actual cost driver usage follow. Actual Cost Driver Usage Service Hours Patients Square Feet General surgery 3, 100 400 760 Orthopedic surgery 11, 900 100 1 , 840 Required: 1. Compute activity rates using activity-based costing. 2. Allocate overhead costs to both the general surgery and the orthopedic surgery units. Compute total overhead cost and average overhead cost per patient for both surgery units. 1. Compute activity rates using activity-based costing. Activity Budgeted Cost Budgeted Driver Activity Rate Supplies $ 2,550,000 surgical hours per surgical hour Patient services 40,500 number of patients per patient Building cost 403,000 square feet per square foot 2. Allocate overhead costs to both the general surgery and the orthopedic surgery units. Compute total overhead cost and average overhead cost per patient for both surgery units. General surgery --Activity rate-- Activity Usage Allocated Cost2. Allocate overhead costs to both the general surgery and the orthopedic surgery units. Compute total overhead cost and average overhead cost per patient for both surgery units. General surgery -.-----Activity rate--- Activity Usage Allocated Cost Supplies per surgical hour 3, 100 Patient services per patient 400 Building cost per square foot 760 Orthopedic Surgery Activity Usage Allocated Cost Supplies per surgical hour 11,900 Patient services per patient 100 Building cost per square foot 1,840A company is considering investing in a new machine that requires an initial investment of $38,188 The machine will generate annual net cash flows of $16,725 for the next three years. The company uses an 12% discount rate. Compute the net present value of this investment. (PV of $1, FV of $1. PVA of $1. and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) as emual- Initial investment : 38,188 Net present value A company is considering investing in a new machine that requires an initial investment of $61,949. The machine will generate annual net cash flows of $24,911 for the next three years. What is the internal rate of return of this machine? (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment 1 Annual Net Cash Flow = Present Value Factor $ 61,949 1 $ 24,911 = 2.4868 Find this factor on the appropriate table to estimate the Internal Rate of Return Periods (p) = 3 Internal Rate of ReturnSONAD COMPANY Income Statement For Year Ended December 31 Sales 5 1,321,000 Cost of goods sold 892,290 Gross profit 928,710 Operating expenses Salaries expense $ 249,477 Depreciation expense 43,704 Rent expense 49,167 Amortization expensesPatents 5,463 Utilities expense 20,031 367,842 560,868 Gain on sale of equipment 7,284 Net income 5 568,152 Accounts receivable $ 21,550 increase Accounts payable $ 12,050 decrease Inventory 39,125 increase Salaries payable 3,350 decrease Prepare the operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash ows from operating activities

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