Question
Pls can anyone help me with this homework? read carefully many got it wrong, very tedious The Surgical Care Unit of Silver CareSilver Care Health
Pls can anyone help me with this homework? read carefully many got it wrong, very tedious
The Surgical Care Unit of
Silver CareSilver Care
Health Group uses the high-low method to predict its total surgical unit supplies costs. It appears that nursing hours worked is a good predictor of surgical unit supplies costs in the unit. The supervisor for the unit has gone through the records for the past year and has found that June had the fewest nursing hours worked at
800800
hours, while September had the most nursing hours worked at
1 comma 3101,310
hours. In June, total surgical unit supplies cost
$ 37 comma 000$37,000
and in September, total surgical unit supplies cost
$ 46 comma 690$46,690.
If plans for the Surgical Care Unit call for
850850
nursing hours to be worked next month, what is the expected surgical unit supplies cost for the month? Use the high-low method to determine the variable and fixed costs components of the Surgical Care Unit of
Silver CareSilver Care
Health Group's operating cost equation.
First identify the formula and calculate the variable cost component (slope).
| Change in costs | / |
| = | Variable cost per unit |
|
| / |
| = |
|
Next identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activity.
|
|
| = | Total fixed costs |
|
|
| = |
|
Complete the Surgical Care Unit of
Silver CareSilver Care
Health Group's operating cost equation.
y = $ |
| x + $ |
|
If plans for the Surgical Care Unit call for
850850
nursing hours to be worked next month, what is the expected surgical unit supplies cost for the month?
If plans for the Surgical Care Unit call for 850 nursing hours to be worked next month, the expected surgical unit supplies cost | ||
for the month would be $ |
| . |
Choose from any list or enter any number in the input fields and then continue to the next question.
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