Monroe Outpatient Surgery Center (MOSC) is developing an operating budget for the month ending June 30, 2018. The Center expects to perform 80 surgical procedures
Monroe Outpatient Surgery Center (MOSC) is developing an operating budget for the month ending June 30, 2018. The Center expects to perform 80 surgical procedures during the month. MOSCs average charge (price) per surgical procedure is $2,500. The cost of disposable surgical supplies is $300 per surgical procedure. MOSC also contracts with orthopedic surgeons at a fee of $1,500 per surgical procedure. The monthly salaries for the Centers receptionist, bookkeeper, and two surgical nurses total $10,500. The Centers occupancy costs, which include space rental, insurance, and all utilities, are $8,200 per month. Average monthly communication costs are $1,200. Office and operating room equipment was installed at a cost of $240,000. The equipment is expected to have a 5- year life and has no salvage value. Prepare MOSCs operating budget for the month of June 2018.
| 2020 | 2019 | |||||||
| PART B | ||||||||
| Current Ratio | --------------------- | -------------------- | ||||||
| = | ||||||||
| PART C | ||||||||
| Days Cash | --------------------- | -------------------- | ||||||
| on Hand | ||||||||
| = | ||||||||
| PART D | ||||||||
| Debt Ratio | --------------- | --------------- | ||||||
| = | ||||||||
| PART E | ||||||||
| Debt to Equity | --------------- | --------------- | ||||||
| = | ||||||||
| PART F | ||||||||
| Total margin | --------------- | --------------- | ||||||
| = | ||||||||
| PART G | ||||||||
| Program Services | --------------- | --------------- | ||||||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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
Authors: Mahmoud Fadhel Idan
1st Edition
6202795158, 978-6202795159
