please help with a-d

For this Module, complete the Cost vs. Expense in Your Workplace Blog. Please use your own workplace you've ever worked and answer the following questions (Please DON'T disclose any personally identifiable information): a. What is your unit in the organization? Is it a cost center or revenue/cost center? b. Could you identify 5-10 cost and/or expense items? c. Any of them are direct costs? Any of them are indirect costs? d. Any of them are product costs? Any of them are indirect costs? Expenses vs. Cost Expense represents the resources usED to create revenue Expense are expirED cost that have been usED up or consumED (past tense) Cost is the amount of cash expended in exchange of goods or services Cost can be expired or UNexpired Note: To a health care facility, "charges are REVENUES, not "costs" E.g. charge a patient $100 for X-ray means bringing $100 to the hospital . Example of Cost Centers Revenue Generating Cost Center Non-Revenue Generating Cost Center Exhibit 6-1 Nursing Services and Other Professional Services Con Center Nursing Services Cost Center Routine Medical Surgical $390,000 Operating Room 20.000 Intensive Care Units 40.000 On-Nur 15.000 Other 35.000 Total $510,000 Exhibit 6-2 General Services and Support Services Cost Centers General Services Cost Center Dietary $97,000 Maintenance 92,000 Laundry 27,000 Housekeeping 43,000 Security 5,000 Medical Records 30,000 Total $294,000 ook Textbook P50 Other Professional Services Cost Center Laboratory Halog 190.000 Cranes 18,000 128.000 mente 1,000 Medical and 16.000 Operating Home and Aneh 14200 Mary The Physical Therapy 1.000 EK 16.000 Ambwe ZAKO Sultance Abu Home Health and Hospice 12.00 51.215,000 Support Services Cou Center General $455,000 Insurance 24,000 Social Security Thres 112,000 Employee Welfare 188,000 Pension 13,000 Total $822,000 11 Direct Cost vs. Indirect Cost Direct costs are specifically associated with a particular cost object (e.g. a patient or a department) Direct costs are directly attributable to the cost object E.g. cost of medical supplies used in emergency department And it can't be attributable to other department Therefore, it is a direct cost