Poehling Medical Center has a single operating roorn that is used by local physicians to perform surgical procedures. The cost of using the: operating room is accumulated by each patient procedure and indudes the direct materials costs (drugs and medical devices), physician surgical time, and operating room overhead. On January 1 of the current year, the annual operating room overhead is estimated to be: The overhead costs will be assigned to procedures, based on the number of surgical room hours. Poehling Medical center expects to use the operating room an average of eight hours per day, seven days per week. In addition, the operating room will be shut down two weeks per year. for general repairs: This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input rour answers in the questions below. Open spreadahet a. Determine the predetemaned operating room overhead rate for the year. Found vour answer to the nearest dollar. ser hour The overhead costs will be assigned to procedures, based an the number of surgical room hours. Poehlirig Medical Center expects to use the operating room an average of eight hours per day, seven days per week. In addition, the operating room will be shut down two weeks per year for general repairs. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Determine the predetermined operating room overhead rate for the year. Round your answer to the nearest dollar. Ber hour b. ERE Harris had a threethour procedure on January 22. How much operating room overhead would be charoed to his procedure, using the rate determined in part-(a)? Roind your answer to the nearest dollar. c. During January, the operating room was used 230 hours. The actual overhead costs incurred for 3 ancary were $75,600, Determine the overapplled operating everhead or underagplied operating overhead for the period. Enter your answer as a positive number. Round your aniswer to the nearest dollit. Equivalent Units of Production The Converting Department of Worley Compary had 1,120 units in work in process at the beqinning of the period, which were 4006 complete. During the period, 23,600 units were completed and transferted to the Packing Department. There were 1,240 units in process at the end of the period, which were 40% complete, Direct materials are placed inte the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and corversion costs. If an ampunt is zero, enter in "o" Worley Company Number of Equivalent Units of Production Click to watch the Tell Me More Leaming Objective ] video and then answer the questions below. 1. Which of the following accounts are NOT likely appear in a job order cost system of a service business? a. Finished coods b. Wakk in Process c. Factory Overhead d. None of these choices are correct. 2. The pelmary costs for a servico business includes a. materials b. supplies c. direct labor d. All of these choices are correcr
