Question
Marla Mason owns and operates a home health care agency. She reported the following cost information for the first four months in 2017. Home Visit
Marla Mason owns and operates a home health care agency. She reported the following cost information for the first four months in 2017.
| Home Visit Hours | |||||||||
| 10,520 | 12,370 | 14,024 | 15,740 | ||||||
| Medical records automation and storage | $6,170 | ? | $6,566 | $8,045 | |||||
| Medical testing supplies | $9,994 | $11,752 | ? | $14,953 | |||||
| Insurance filing services | $5,260 | $6,185 | $7,012 | ? | |||||
| Communications system lease | ? | $4,132 | ? | $4,132 | |||||
Identify each of the following costs as fixed, variable, or mixed.
| Items | Type of Cost | ||
| Medical records automation and storage | Mixed CostFixed CostVariable Cost | ||
| Medical testing supplies | Mixed CostFixed CostVariable Cost | ||
| Insurance filing services | Mixed CostVariable CostFixed Cost | ||
| Communications system lease | Mixed CostFixed CostVariable Cost |
Calculate the missing values. (Round per visit hour to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,725.)
| Home Visit Hours | |||||||||
| 10,520 | 12,370 | 14,024 | 15,740 | ||||||
| Medical records automation and storage | $6,170 | $ | $6,566 | $8,045 | |||||
| Medical testing supplies | $9,994 | $11,752 | $ | $14,953 | |||||
| Insurance filing services | $5,260 | $6,185 | $7,012 | $ | |||||
| Communications system lease | $ | $4,132 | $ | $4,132 | |||||
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Auditing Theory And Practice
Authors: Roger H. Hermanson
1st Edition
0256023301, 978-0256023305
