Instructions Pleasant Stay Medical Inc. wishes to determine its product costs. Pleasant Stay offers a variety of medical procedures (operations) that are considered its products. The overhead has been separated into three major activities. The annual estimated activity costs and activity bases follow 1 Activity Activity Base 2 Scheduling and admitting Budgeted Activity Cost 5432,000.00 Number of patients 4,212,000.00 Number of patient days 5,376,000.00 Weighted care unit 3 Housekeeping Nursing 5 Total costs $10,020,000.00 Total patient days are determined by multiplying the number of patients by the average length of stay in the hospital A weighted care unit (wcu) is a measure of nursing effort used to care for patients. There were 192.000 weighted care units estimated for the year. In addition, Pleasant Stay estimated 6,000 patients and 27,000 patient days for the year. (The average patient is expected to have a a little more than a four-day stay in the hospital) During a portion of the year. Pleasant Stay collected patient information for three selected procedures, as follows Total patient days are determined by multiplying the number of patients by the average length of stay in the hospital A weighted care unt (WC) is a measure of nursing effort used to care for patients. There were 100,000 weighted care units estimated for the year. In addition, Pleasant Stay estimated 6,000 patients and 27,000 potere days for the yow (The average patient is expected to have a little more than a four day stay in the hospital) During a portion of the year, Peasant Stay collected patient information for three selected procedures, as follows: Activity-Base Usage Procedure A Number of patients 280 Average length of stay 6 days Patient days 1680 Weighted care units 19,200 Procedures Number of patients 650 Previous Instructions Number of patients 280 Average length of stay x 6 days Patient days 1.680 Weighted care units 19,200 Procedure B Number of patients 650 Average length of stay * 5 days Patient days 3.250 Weighted care units 6,000 Procedure C Number of patients 1,200 x 4 days Average length of stay 4,800 Patient days 24,000 Weighted care units PE who analysis for a service company Instructions Amount Descriptions Activity Rates Activity Cost Excess/Deficiency Final Questions Instructions Procedure C Number of patients 1,200 Average length of stay x 4 days Patient days 4,800 Weighted care units 24,000 Private insurance reimburses the hospital for these activities at a foed daily rate of $406 per patient day for all three procedures Required: 1. Determine the activity rates Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. 2. Determine the activity cost for each procedure. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries 3. Determine the excess or deficiency of reimbursements to activity cost. Enter a deficiency with a minus sign. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. 4. Interpret your results
