\ \ Pr. 2-20\ i\ Check my work mode : This shows what is correct or incorrect for the work you I\ accounting staff has suggested using two predetermined overhead rates (allocated based on the numbe the accuracy of the costs allocated to patients. The first overhead rate would include all overhead costs (ICU) and the second overhead rate would include all Other overhead costs. Information pertaining to th of patient-days, its estimated overhead costs, and two of its patients-Patient A and Patient B-is provid\ \\\\table[[,ICU,Other,Total],[Estimated number of patient-days,2,000,18,000,20 ,],[Estimated fixed overhead cost,

$3,200,000

,

$14,000,000

,

$17,200

,],[Estimated variable overhead cost per patient-day,

$236

,,],[,,,],[,,,],[,,,],[Direct materials,

$4,500

,

$6,200

,],[Direct labor,25,000,

$36,000

,],[Total number of patient-days (including ICU),14,21,],[Number of patient-days spent in ICU,0,7,]]\ Required:\ Assuming McCullough calculates two overhead rates as recommended by the staff accountant, calcul\ a. The ICU and Other overhead rates.\ b. The total cost, including direct materials, direct labor and applied overhead, assigned to Patient A an\ Assuming McCullough continues to use only one predetermined overhead rate, calculate:\ a. The predetermined overhead rate.\ b. The total cost, including direct materials, direct labor and applied overhead, assigned to Patient A an\ (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations a nearest dollar amount.)\ Answer is complete but not entirely correct.\ \\\\table[[1a. Predetermined ICU overhead rate,

$

,

1,836.00

,per patient-day],[1a. Predetermined Other overhead rate,

$

,873.78,per patient-day],[1b. Total cost for patient A,

$

,41,733,],[1b. Total cost for patient B,

$

,67,285,],[2a. Predetermined overhead rate,

$

,

950.00ox

,per patient-day],[2b. Total cost for patient A,

$

,

42,800ox

,],[2b. Total cost for patient B,

$

,

62,150ox

,]]

Check my work mode : This shows what is correct or incorrect for the work you accounting staff has suggested using two predetermined overhead rates (allocated based on the numbe the accuracy of the costs allocated to patients. The first overhead rate would include all overhead costs (ICU) and the second overhead rate would include all Other overhead costs. Information pertaining to th of patient-days, its estimated overhead costs, and two of its patients-Patient A and Patient B-is provide Required: 1. Assuming McCullough calculates two overhead rates as recommended by the staff accountant, calcul a. The ICU and Other overhead rates. b. The total cost, including direct materials, direct labor and applied overhead, assigned to Patient A an 2. Assuming McCullough continues to use only one predetermined overhead rate, calculate: a. The predetermined overhead rate. b. The total cost, including direct materials, direct labor and applied overhead, assigned to Patient A an (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations a nearest dollar amount.) Check my work mode : This shows what is correct or incorrect for the work you accounting staff has suggested using two predetermined overhead rates (allocated based on the numbe the accuracy of the costs allocated to patients. The first overhead rate would include all overhead costs (ICU) and the second overhead rate would include all Other overhead costs. Information pertaining to th of patient-days, its estimated overhead costs, and two of its patients-Patient A and Patient B-is provide Required: 1. Assuming McCullough calculates two overhead rates as recommended by the staff accountant, calcul a. The ICU and Other overhead rates. b. The total cost, including direct materials, direct labor and applied overhead, assigned to Patient A an 2. Assuming McCullough continues to use only one predetermined overhead rate, calculate: a. The predetermined overhead rate. b. The total cost, including direct materials, direct labor and applied overhead, assigned to Patient A an (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations a nearest dollar amount.)