Riddick's Radiology Center (RRC) performs X-rays, ultrasounds, computer tomography (CT) scans, and magnetic resonance imaging (MRI). RRC has developed a reputation as a top radiology center in the state. RRC has achieved this status because it constantly reexamines its processes and procedures. RRC has been using a single, facility-wide overhead allocation rate. The vice president of finance believes that RRC can make better process improvements if it uses more disaggregated cost information. She says, "We have state-of-the-art medical imaging technology. Can't we have state-of-the-art accounting technology?" (Click the icon to view the budgeted information.) Click the icon to view additional information.) Read the requirements. Requirement 1. Calculate the budgeted cost per service for X-rays, ultrasounds, CT scans, and MRI using direct technician labor costs as the allocation basis. Start by calculating the budgeted overhead rate for total indirect costs based on total labor. First select the formula, then enter the applicable amounts and calculate the rate. (Round your answer to two decimal places, X.XX. Abbreviations used: DC Direct cost, DL Direct labor, S dollar.) Total indirect costs Total technician labor cost Budgeted overhead rate S 672,480 $ 448,320 $ 1.50 per DL $ Now calculate the total budgeted costs for each service and the budgeted cost per each service using direct technician labor costs as the allocation basis. (Round the budgeted cost per service to the nearest cent. MRI CT scan 160.720 $ Technician labor S 101,000 851.000 466,200 Depreciation Materials X-rays Ultrasound 73,500 $ 113,100 S 6,300 276,500 16.400 110.250 169,650 212,650 $ 575,650 $ 22.600 23,900 241.080 30.900 151.500 Indirect costs S 891,900 $ 1.134,400 Total budgeted costs S 40.27 $ 152.29 $ 323.15$ 497.54 Budgeted cost per service Requirement 2. Calculate the budgeted cost per service of X-rays, ultrasounds, CT scans, and MRI if RRC allocated overhead costs using activity-based costing. Begin by calculating the cost driver rate per activity. (Round the answers to live decimal places, "X.XXXXX") Cost driver rate Administration Choose from any list or enter any number in the input fields and then click Check Answer. ? 8 8 pants Clear All remaining Check Answer Data Table status Riddick's Radiology Center (RRC) performs X-rays, ultrasounds, computer tomography (CT) scans, and magnetic resonance imaging ( because it constantly reexamines its processes and procedures. RRC has been using a single, facility-wide overhead allocation rate. TH disaggregated cost information. She says, "We have state-of-the-art medical imaging technology. Can't we have state-of-the-art account 5 Click the icon to view the budgeted information.) (Click the icon to view additional information.) Read the resulrements Requirement 1. Calculate the budgeted cost per service for X-rays, ultrasounds, CT scans, and MRI using direct technician labor costs Start by calculating the budgeted overhead rate for total indirect costs based on total labor. First select the formula, then enter the applic DC = Direct cost, DL = Direct labor, $ = dollar.) RRC operates at capacity. The proposed allocation bases for overhead are: Administration Number of procedures Maintenance (including parts) Capital cost of the equipment (use Depreciation) Sanitation Total cleaning minutes Utilities Total procedure minutes s used: Print Done Total indirect costs 672,480 Total technician labor cost 448,320 = Budgeted overhead rate = $ $ 1.50 per DLS S $ Data Table Now calculate the total budgeted costs for each service and the budgeted cost per each service using direct technician CT scan MRI Technician labor S 160,720 S 466,200 X-rays Ultrasound 73,500 $ 113,100 $ 6,300 276,500 22.600 16,400 110.250 169,650 101,000 851.000 Depreciation Total Materials 23,900 30.900 241,080 151.500 Riddick's Radiology Center Budgeted Information for the year Ended May 31, 2017 X-rays Ultrasound CT scan MRI Technician labor $ 73,500 $ 113,100 $ 160,720 $ 101,000 $ Depreciation 6,300 276,500 466,200 851,000 Materials 22,600 16,400 23.900 30,900 Administration Indirect costs 448,320 1,600,000 93.800 S 212.650 $ 575,650 $ 891,900 S 1.134.400 Total budgeted costs Budgeted cost per service S 40.27 $ 152.29 $ 323.15 S 497.54 22,560 Requirement 2. Calculate the budgeted cost per service of X-rays, ultrasounds, CT scans, and MRI I RRC allocated Maintenance Sanitation 240,000 263,670 146,250 Begin by calculating the cost driver rate per activity. (Round the answers to five decimal places, "X.XXXX") Utilities Cost driver rat $ 102.400 $ 406.000 S 650,820 S 982,900 $ 2,814,500 Administration 5.280 3,780 2.760 2.280 Total Number of procedures Minutes to clean after each procedure Minutes for each procedure 5 15 30 Choose from any list or enter any number in the input fields and then click Check Answer. 5 10 15 25 50 parts 8 remaining Print Done