Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Review the housekeeping linen inventory sheet and establish the par levels based on daily usage. Note that not all items require par levels at daily

image text in transcribed

image text in transcribed

Review the housekeeping linen inventory sheet and establish the par levels based on daily usage. Note that not all items require par levels at daily usage x 5. Discards can amount to pilferage. Hence, discards should be authorized by the Nursing Home Administrator. The physical inventory sheet will almost always show some discrepancies. For example, the shortage of 150 wash cloths may be excessive. So establish the par levels for the highlighted items in green Calculate the closing inventory and amounts needed to bring the inventory up to par levels for the highlighted items in green: D Chapter 12 E F G H J K L M N O P O R Linen Inventory S T U V w Security Cost-Benefit Following is information for a 120-bed facility Initial Purchases iscards Daily usage Par levels 'entory Oct 1 Closing Actual Over eeded to inventory count Short) et to par Oct 31 Oct 31 levels Benefit loss Probat Estimate Potential loss 0.7 $2,500 $1,750 70% reduction in petty thefts 0.2 800,000 160,000 20% probability that an $800,000 loss will be prevented $161.750 Petty thefts Restitution or lawsuit 70 0 17 10 180 400 380 96 300 Bath towels Hand towels Wash cloths Bed sheets Pillow cases Blankets Bedspreads Mattress pads Cost 96 8 312 807 1660 1754 276 162 162 230 300 280 280 891 891 1,810 1810 1846 1846 268 268 154 154 158 158 224 224 0 6 Electronic surveillance 0 11 $150,000 200 150 0 4 2 Benefits exceed costs, hence it is worth investing $150.000 200 0 Review the housekeeping linen inventory sheet and establish the par levels based on daily usage. Note that not all items require par levels at daily usage x 5. Discards can amount to pilferage. Hence, discards should be authorized by the Nursing Home Administrator. The physical inventory sheet will almost always show some discrepancies. For example, the shortage of 150 wash cloths may be excessive. So establish the par levels for the highlighted items in green Calculate the closing inventory and amounts needed to bring the inventory up to par levels for the highlighted items in green: D Chapter 12 E F G H J K L M N O P O R Linen Inventory S T U V w Security Cost-Benefit Following is information for a 120-bed facility Initial Purchases iscards Daily usage Par levels 'entory Oct 1 Closing Actual Over eeded to inventory count Short) et to par Oct 31 Oct 31 levels Benefit loss Probat Estimate Potential loss 0.7 $2,500 $1,750 70% reduction in petty thefts 0.2 800,000 160,000 20% probability that an $800,000 loss will be prevented $161.750 Petty thefts Restitution or lawsuit 70 0 17 10 180 400 380 96 300 Bath towels Hand towels Wash cloths Bed sheets Pillow cases Blankets Bedspreads Mattress pads Cost 96 8 312 807 1660 1754 276 162 162 230 300 280 280 891 891 1,810 1810 1846 1846 268 268 154 154 158 158 224 224 0 6 Electronic surveillance 0 11 $150,000 200 150 0 4 2 Benefits exceed costs, hence it is worth investing $150.000 200 0

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

Construction Auditing Planning Implementation Use

Authors: Peter Wotschke, Gregor Kindermann

1st Edition

3658388404, 978-3658388409

More Books

Students also viewed these Accounting questions

Question

How will these issues affect the grade levels you will teach?

Answered: 1 week ago

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago

Question

Using Language That Works

Answered: 1 week ago

Question

4. Are my sources relevant?

Answered: 1 week ago