Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rent 275,320 Billings and collections 40,000 Bad debt expense 47,000 Other 18.048 P262,800 P453,000 The only personnel directly employed by the Pediatrics Department are supervising

image text in transcribedimage text in transcribed
Rent 275,320 Billings and collections 40,000 Bad debt expense 47,000 Other 18.048 P262,800 P453,000 The only personnel directly employed by the Pediatrics Department are supervising nurses, nurses, and aides. The hospital has minimum personnel requirements based on total annual patient days. Hospital requirements beginning at the minimum, expected level of operation follow: Annual Patient Aides Nurses Supervising Nurses Days 10,000 - 14,000 21 11 14,001 - 17,000 22 12 17,001 - 23,725 22 13 23,726 - 25,550 25 14 25,551 - 27,375 26 14 27,376 - 29,200 29 16 The staffing levels above represent full-time equivalents, and it should be assumed that the Pediatrics Department always employs only the minimum number of required full-time equivalent personnel. Annual salaries for each class of employee follow: supervising nurses, P18,000; nurses, P13,000; and aides, P5,000. Salary expense for the year ended June 30 for supervising nurses, nurses, and aides was P72,000, P169,000, and P110,000, respectively. The Pediatrics Department operated at 100% capacity during 111 days of the past year. It is estimated that during 90 of these capacity days, the demand average 17 patients more than capacity and even went as high as 20 patients more on some days. The hospital has an additional 20 beds available for rent for the coming fiscal year.Situational Questions 23 thru 34 are based on the following information: Calamba Hospital operates a general hospital but rents Space and beds to separate entities for specialized treatment such as pediatrics, maternity, psychiatric. etc. Calamba charges each separate entity for common services to its patients like meats and laundry and for all administrative services such as biliings. collections, etc. All uncollectible accounts are charged directly to the entity Space and bed rentals are xed for the year. For the entire year ended June 3D, the Pediatrics Department at Calamba Hospital charged each patient an average of P65 per day. had a capacity of 60 beds, operated 24 hours per day for 365 days. and had revenue of P1 ,138,BUO. Expenses charged by the hospital to the Pediatrics Department for the year ended June 30 were: Basis of Allocation Patient Days Bed Capacity: Dietaryr P 42,952 Janitorial P 12,800 Laundry.r 23,000 Lab. other than direct charges to 47,800 patients Pharmacy 33,800 Repairs and maintenance 5.200 7,140 General administrative services 1 31.7130

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial & Managerial Accounting

Authors: Carl Warren

12th Edition

1285534646, 978-1133952428

More Books

Students also viewed these Accounting questions

Question

Lab Activity 1 . 4 A: Fixing Indentations in a Code Block

Answered: 1 week ago

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago

Question

Get married, do not wait for me

Answered: 1 week ago