Question
The red arrows indicate that the answers were wrong. Can you show me how to do the work to find the correct answers? Please be
The red arrows indicate that the answers were wrong. Can you show me how to do the work to find the correct answers? Please be detailed.
all of the answers shown are correct. the reason im posting this question is because i want someone to show me how to get the answers. specifically the red areas. i need help figuring out the red areas even though the numbers are correct i want to see how you solve this question. nothing is missing please just show all your work.
The font size is small but you can zoom IN. I'm on a MAC and I zoom in & you can see the numbers clearly. Please zoom in on whatever device you are using, it's possible to read.
Data Table Raynham's Radiology Center Budgeted Information for the year Ended May 31, 2017 X-rays Ultrasound CT scan MRI Total Technician labor 73,500 $ 113,100 $ 160,720 $ 101,000 $ 448,320 Depreciation 6,300 276,500 466,200 851,000 1,600,000 Materials 22,400 16,100 23,800 31,100 93,400 Administration 22,560 Maintenance 240,000 Sanitation 263,670 Utilities 146,250 $ 102,200 $ Total 405,700 $ 650,720 $ 983,100 $ 2,814,200 Number of procedures 5,280 3,780 2,760 2,280 Minutes to clean after each procedure 5 5 15 30 Minutes for each procedure 10 15 25 50 Print Done Raynham'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?" 5(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, $ = dollar.) Total indirect costs Total technician labor cost Budgeted overhead rate = $ 1.50 per DL $ $ 672,480 448,320 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 X-rays Ultrasound 73,500 $ 113,100 $ 6,300 276,500 $ 101,000 Depreciation 851,000 466,200 23,800 Materials 22,400 16,100 169,650 31,100 151,500 110,250 241,080 Indirect costs $ 212,450 $ 575,350 891,800 1,134,600 Total budgeted costs $ 40.24 $ 152.21 $ 323.12 $ 497.63 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 five decimal places, "X.XXXXX".) Cost Total quantity of cost driver Cost driver rate Administration 22,560 $ 1.60 per procedure Maintenance 1,600,000 $ 0.15 per $ of depreciation Sanitation 263,670 + 155,100 = $ 1.70 per cleaning minute Utility 146,250 292,500 $ 0.50 per procedure minute 14,100 240,000 Now calculate the budgeted cost for each service and the budgeted cost per service using activity-based costing. (Round costs to the nearest whole dollar. Then round the cost per service to the nearest cent.) CT scan MRI X-rays Ultrasound 73,500 $ 113,100 $ Technician labor $ 160,720 $ 101,000 Depreciation 6,300 851,000 466,200 23,800 Materials 22,400 8,448 Administration 276,500 16,100 6,048 41,475 32,130 28,350 945 Maintenance Sanitation 4,416 69,930 70,380 31,100 3,648 127,650 116,280 57,000 44,880 26,400 Utilities 34,500 $ 182,873 $ 513,703 829,946 1,287,678 Total budgeted costs 34.64 $ 135.90 300.71 564.77 Budgeted cost per serviceStep by Step Solution
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