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Samir's Sonography Centre (SSC) performs four different procedures: X-rays, ultrasounds, CT scans, and MRIs. They are known for having an excellent reputation for accurate results

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Samir's Sonography Centre (SSC) performs four different procedures: X-rays, ultrasounds, CT scans, and MRIs. They are known for having an excellent reputation for accurate results and client service. They have achieved this level of success through the constant review of their processes and analyzing how to improve their services. They currently use a single, facility-wide overhead allocation rate. The CFO states that they believe they can make some process improvements by allocating costs using an activity-based costing system. The result would be to segregate the administration, maintenance, sanitation and utilities costs. She thinks ABC costing might be the best way to improve their accounting systems. Use the following budgeted financial information to respond to the questions. CT Scan Labour X-rays $46,080 24,180 ultrasound $79,200 201.000 12,375 $72,000 329,250 18,000 Depreciation Direct materials 16,560 MRI Total $78,750 5276,030 673,125 1,227,555 23,438 70,373 15,458 185,490 147,135 100,753 5775 313 $2.022 803 Administration Maintenance Wantedisposal Utilities Totals S86 820 $292.575 5419,250 Other information about the number of procedures and the time it takesforesch procedure X-rays Ultrasound CT Scan Number of procedures 2,880.00 3.300.00 2.250.00 Minutestochen after each procedure 3.75 3.75 1125 Minutesto perform each procedure 3.75 15.00 MRI Total 187500 10,305.00 26 25 45.00 3375 63.75 11 The proposed allocation bases for overhead using the new ABC system are as follows: Activity Administration Maintenance Waste disposal Utilities Allocation base Number of procedures Depreciation Total deaning minutes Total procedure minutes D. Focus REQUIRED MUISES LIUI LIU eau uiereWADU. Sysedie daw Allocation base Activity Administration Maintenance Number of procedures Depreciation Total deaning minutes Total procedure minutes Waste disposal Utilities REQUIRED 1. Assume a traditional (simple) costing system that they currently use. What is the budgeted cost per service for X-rays, ultrasounds, CT scans, and MRIS? (4 marks) 2. As per the CFO's proposal, calculate the NEW budgeted cost per service for X-rays, ultrasounds, CT scans, and MRIs if they allocate overhead using an ABC system. (8 marks) 3. How could the new cost allocation be useful for the managers of Samir's Sonography Centre as compared to the old system? (4 marks)

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