Question
Please answer questions 1 and 2 showing all calculations/formulas. Assignments submitted without formulas/ calculations will result in a zero grade. 1. Below is a table
Please answer questions 1 and 2 showing all calculations/formulas. Assignments submitted without formulas/ calculations will result in a zero grade.
1. Below is a table for three independent clinics. Complete the missing data (a)- (f). You will have 6 answers to this question.
Clinic | Revenue | Total Variable Costs | Fixed Costs | Total Costs | Profit |
---|---|---|---|---|---|
Spring Clinic | $2,000 | $1,400 | (a) | $2,000 | (b) |
Arizona Clinic | (c) | $1,000 | (d) | $1,600 | $2,400 |
Brothers Clinic | $4,000 | (e) | $600 | (f) | $400 |
2. The Dietary Department of Morgan Memorial Hospital has direct costs of $455,000. The hospitals four patient services departments utilize the following amounts of space:
Pediatric Unit | 1,000 sq. ft. |
Neurology Unit | 2,000 sq. ft. |
Oncology Unit | 3,000 sq. ft. |
Surgical Unit | 4,000 sq. ft. |
Assuming that the cost driver for dietary costs is the amount of occupied space, what is the allocation of dietary costs to the Neurology unit?
Please show all of your work / calculations to receive credit.
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