Question
Question-1: Crescent Care Center is a nonprofit organization that provides a variety of health services to the elderly. The center is organized into a number
Question-1: Crescent Care Center is a nonprofit organization that provides a variety of health services to the elderly. The center is organized into a number of departments, one of which is the Meals-On-Wheels program that delivers hot meals to seniors in their homes on a daily basis. Below are listed a number of costs of the center and the Meals-On-Wheels program. [Marks:10]
example The cost of groceries used in meal preparation.
a. The cost of leasing the Meals-On-Wheels van.
b. The cost of incidental supplies such as salt, pepper, napkins, and so on.
c. The cost of gasoline consumed by the Meals-On-Wheels van.
d. The rent on the facility that houses Madison Seniors Care Center, including the Meals-On-Wheels program.
e. The salary of the part-time manager of the Meals-On-Wheels program.
f. Depreciation on the kitchen equipment used in the Meals-On-Wheels program.
g. The hourly wages of the caregiver who drives the van and delivers the meals.
Requirements: Classify the costs according to various cost classifications as:
Cost item | VC | FC | Product cost | Period cost | |||
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| D.Mat | D.Lab | M. O/H | Admin | Selling |
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