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Smiles Dental Practice has been examining its overhead cost control procedures. The level of activity in the facility is measured by the number of patients
Smiles Dental Practice has been examining its overhead cost control procedures. The level of activity in the facility is measured by the number of patients treated in the budget period. The budget for the current year is patients. Actual patients is expected to be met or even exceeded. During the first months patients were treated. Assume the average number of patients per month remains constant. The actual variable overhead costs incurred during this fourmonth period are as follows: Expense tableStaffingPowerSuppliesOther The practice accountant believes that the variable overhead costs will be incurred at the same rate during the remaining months. Fixed overheads are budgeted for the whole year as follows: Expense tableSupervisionDepreciationfinanceOther Required: a Present an overheads budget for the remaining eightmonth period showing each expense. What is the total overhead cost for each patient that would be incorporated into any statistics? Marks b The dental practice actually treated patients during remaining month period. Actual variable overheads were and the actual fixed overheads were In summary form, examine how well the home exercised control over its overheads. Marks Total Marks LOs: &
Smiles Dental Practice has been examining its overhead cost control procedures.
The level of activity in the facility is measured by the number of patients treated in the budget period.
The budget for the current year is patients. Actual patients is expected to be met or even exceeded.
During the first months patients were treated. Assume the average number of patients per month remains constant.
The actual variable overhead costs incurred during this fourmonth period are as follows:
Expense
tableStaffingPowerSuppliesOther
The practice accountant believes that the variable overhead costs will be incurred at the same rate during the remaining months.
Fixed overheads are budgeted for the whole year as follows:
Expense
tableSupervisionDepreciationfinanceOther
Required:
a Present an overheads budget for the remaining eightmonth period showing each expense. What is the total overhead cost for each patient that would be incorporated into any statistics?
Marks
b The dental practice actually treated patients during remaining month period. Actual variable overheads were and the actual fixed overheads were In summary form, examine how well the home exercised control over its overheads.
Marks
Total Marks
LOs: &
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