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Please refer to the Chapter 6-Homework file that is posted in Canvas. It will provide you with the numbers necessary to complete problems #7-14. Use

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Please refer to the "Chapter 6-Homework" file that is posted in Canvas. It will provide you with the numbers necessary to complete problems #7-14. Use the direct method of cost allocation. Assume the hospital uses salary dollars as the costs driver for general administration and employee benefits, and space utilization as the cost driver for maintenance. What is the allocation rate for Employee Benefits? Note: Use 3 decimal points for the cost driver Use the following info for questions #7-#14 St. Vincent's Hospital has three support departments and four patient service departments. The direct cost to each of the support departments are as follows: General Administration $8,000,000 Maintenance $5,000,000 Employee Benefits $6,000,000 Selected data for the three support and four patient service departments are shown below: Patient Services # of Full-Time Space Salary Department Equivelent Revenues (square feet) Dollars Employees Support General Administration 8,000 15 $ 2,500,000 Maintenance 10,000 75 $3,500,000 Employee Benefits 7,000 50 $ 3,000,000 Total 25,000 140 9,000,000 Patient Services Routine Care Intensive Care Obstetrics Services Other Services Total Grand Total $ $ $ $ $ $ 40,000,000 7,000,000 4,000,000 12,000,000 63,000,000 63,000,000 500,000 45,000 35,000 200,000 780,000 805,000 800 $ 18,000,000 200 $ 6,000,000 150 $ 4,000,000 400 $ 8,000,000 1,550 $ 36,000,000 1,690 $ 45,000,000

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