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Using the direct allocation for this problem. Facilities has a total cost pool of $2,400,000. The cost driver has been determined to square footage. What
Using the direct allocation for this problem. Facilities has a total cost pool of $2,400,000. The cost driver has been determined to square footage. What would the allocation rate be for facilities? (Hint: round to the second decimal place) Department Revenues Expenses Space (square Feet) Number of Procedures Facilities (support dept) $ 2,400,000 10,000 Accounting - Billing (support dept) $ 5,000,000 20,000 Total for Support Departments $ 7,400,000 30,000 Routine Care (patient services) Intensive Care (patient services) Diagnostic Services (patient services) Total for Patient Service Departments Grant Total $ 30,000,000 $ $ 25,000,000 $ S 20,000,000 $ $ 75,000,000 $ $ 75,000,000 $ 10,000,000 9,000,000 7,000,000 26,000,000 33,400,000 125,000 100,000 75.000 300,000 330,000 $10,000 460,000 380,000 1,350,000 1,350,000 Select one or more: a. Not enough information to tell b. $8.00 per square foot c. $4.62 per square foot d. $5.54 per square foot
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