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Please provide answers using the exact same words from the options! (Options are different for each costs, that's why I posted 4 ss) P5-39 (algo)
Please provide answers using the exact same words from the options! (Options are different for each costs, that's why I posted 4 ss)
P5-39 (algo) Southern Health Center runs two programs: drug addict rehabilitation and aftercare (counseling and support of patients after release from a mental hospital). Click the icon to additional information.) Wu has recently become aware of activity-based costing as a method to refine costing systems. She asks her accountant, Abe MacNair, how she should apply this technique. MacNair obtains the following budgeted information for 2017: (Click the icon to view the budget data.) Read the requirements. Requirement 1. a. Selecting cost-allocation bases that you believe are the most appropriate for allocating indirect costs to programs, calculate the budgeted indirect cost rates for medical supplies; rent and clinic maintenance; administrative costs for patient charts, food, and laundry; and laboratory services. Begin by completing the table below to identify the most appropriate cost driver for each cost. Cost Cost Driver Medical supplies Rent and clinic maintenance Administrative costs for patient charts, food, and laundry Laboratory services Number of employees Number of laboratory tests Number of patient-years P5-39 (algo) Southern Health Center runs two programs: drug addict rehabilitation and aftercare (counseling and support of patients after release from a mental hospital). Click the icon to additional information.) Wu has recently become aware of activity-based costing as a method to refine costing systems. She asks her accountant, Abe MacNair, how she should apply this technique. MacNair obtains the following budgeted information for 2017: : (Click the icon to view the budget data.) Read the requirements. Requirement 1. a. Selecting cost-allocation bases that you believe are the most appropriate for allocating indirect costs to programs, calculate the budgeted indirect cost rates for medical supplies; rent and clinic maintenance; administrative costs for patient charts, food, and laundry; and laboratory services. Begin by completing the table below to identify the most appropriate cost driver for each cost. Cost Cost Driver Medical supplies Rent and clinic maintenance Administrative costs for patient charts, food, and laundry Laboratory services Number of employees Number of laboratory tests Number of square feet of space P5-39 (algo) Southern Health Center runs two programs: drug addict rehabilitation and aftercare (counseling and support of patients after release from a mental hospital). (Click the icon to additional information.) Wu has recently become aware of activity-based costing as a method to refine costing systems. She asks her accountant, Abe MacNair, how she should apply this technique. MacNair obtains the following budgeted information for 2017: (Click the icon to view the budget data.) Read the requirements. Requirement 1. a. Selecting cost-allocation bases that you believe are the most appropriate for allocating indirect costs to programs, calculate the budgeted indirect cost rates for medical supplies; rent and clinic maintenance; administrative costs for patient charts, food, and laundry; and laboratory services. Begin by completing the table below to identify the most appropriate cost driver for each cost. Cost Cost Driver Medical supplies Rent and clinic maintenance Administrative costs for patient charts, food, and laundry Laboratory services Number of employees Number of laboratory tests Number of patient-years P5-39 (algo) Southern Health Center runs two programs: drug addict rehabilitation and aftercare (counseling and support of patients after release from a mental hospital). (Click the icon to additional information.) Wu has recently become aware of activity-based costing as a method to refine costing systems. She asks her accountant, Abe MacNair, how she should apply this technique. MacNair obtains the following budgeted information for 2017: 5 Click the icon to view the budget data.) Read the requirements. Requirement 1. a. Selecting cost-allocation bases that you believe are the most appropriate for allocating indirect costs to programs, calculate the budgeted indirect cost rates for medical supplies; rent and clinic maintenance; administrative costs for patient charts, food, and laundry; and laboratory services. Begin by completing the table below to identify the most appropriate cost driver for each cost. Cost Cost Driver Medical supplies Rent and clinic maintenance Administrative costs for patient charts, food, and laundry Laboratory services Number of employees Number of laboratory tests Number of square feet of space 1,440,000 $4,200,000 The center's budget for 2017 follows. Professional salaries: 4 physicians x $ 180,000 $ 720,000 12 psychologists x $ 170,000 2,040,000 16 nurses x $ 90,000 Medical supplies 276,000 Rent and clinic maintenance 64,000 Administrative costs to manage patient charts, food, laundry 612,000 Laboratory services 84,000 $ 5,236,000 Total Kiley Wu, the director of the center, is keen on determining the cost of each program. Wu compiles the following data describing employee allocations to individual programs: Drug Aftercare Total Employees Physicians 4 4 Total Drug 3,000 20 Square feet of space occupied by each program Patient-years of service Number of laboratory tests Aftercare 13,000 100 16,000 120 1,200 800 2,000Step by Step Solution
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