question:

Phoenix Medical Associates operates a walk-in medical clinic in Tempe, Arizona. She asks her accountant, Don Peters, how she should apply this technique. Peters obtains the following budgeted information for 2020: i) (Click the icon to additional information.) [(Click the icon to view the budget data.) Lee has recently become aware of activity-based costing as a method to refine costing systems. Read the requirements Requirement 1. a. Selecting cost-allocation bases that you believe are the most appropriate for allocating indirect costs to departments, calculate the budgeted indirect cost rates for medical supplies, rent and clinic maintenance, laboratory services, and general overhead. 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 Laboratory services General overhead Calculate the budgeted indirect cost rates for each category. (Round the cost driver rates to the nearest cent, X.XX, as needed. Abbreviations used: maintenance = clinic maintenance; General overhead = General overhead, including administrative staff, sq ft = square foot.) Cost driver rate Medical supplies Rent and maintenance Laboratory services General overhead Requirement 1. b. Using an activity-based costing approach to cost analysis, calculate the budgeted cost of each department and the budgeted cost per patient visit of each department. Calculate the budgeted costs for the Urgent Care department in this step, and then the budgeted costs for the Living Well department in the following step. (Complete all input fields. Enter a "0" for any zero balances. Round the cost per patient visit amounts to the nearest cent, XXX.) Urgent Care Living Well Professional salaries: Physicians X-ray technicians Nurses Nutritionists Total salaries Medical supplies Rent and clinic maintenance Laboratory services General overhead Total cost Number of patient visits Cost per patient visitMore info The clinic includes two different departments, Urgent Care, which serves patients with minor to moderate acute illnesses and injuries, and Living Well, which administers vaccines, school and work physicals, and conducts workshops on healthy living topics. The center's budget for 2020 follows. Professional salaries: - X 4 physicians 220,000 880,000 Data table 2 X-ray technicians 40,000 80,000 12 nurses S 100,000 1,200,000 1 nutritionist 40,000 40,000 Total 5 2.200,000 Urgent Care Living Well Square feet of clinic space 11,000 13,000 24,000 Medical supplies 912,000 17,000 31,000 48,000 Rent and clinic maintenance 288,000 Patient visits Number of laboratory tests 9.000 7,000 16,000 Laboratory services 208,000 600,000 General overhead, including administrative staff Total 3 4.208,000 Print Kendall Lee, the director of the clinic, is keen on determining the cost of each Done department. Lee compiles the following data describing employee allocations to individual programs Urgent Care Living Well Total Physicians 4 X-ray technicians Nurses 12 Nutritionist Print Done