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wewe The wees SO, wy Question 4 (20 marks) a. Community Medical Centre hires the services of 6 GP doctors, 2 dentists, 3 nurses and

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wewe The wees SO, wy Question 4 (20 marks) a. Community Medical Centre hires the services of 6 GP doctors, 2 dentists, 3 nurses and the administrative staff. The average budgeted salaries for GP doctors, dentists and nurses are $145,000, $120,000 and $50,000 respectively, and they are required to work to their maximum 1,500 billable hours per year. The costs associated with doctors, dentists and nurses are treated as direct costs whereas indirect costs include administrative and other overhead costs. The annual budgeted indirect costs of $247,500 are allocated to patients based on professional hours. All costs are billed to patients. Two patients, Patient D and Patient E have the bookings (budgeted) with Community Medical Centre for March 2020: Patient Appointment Times GP Doctors Dentists Nurses D 2 hours 2 hours 1 hour E 5 hours 3 hours 2 hours Required: Calculate the budgeted medical bills for Patient D and Patient E for March 2020. Type your answer here (8 marks) b. Consider the following data for the Assembly Division for Impressionist Ltd: Conversion Costs $70.500 Physical Direct Materials Beginning work in process (June 1). 300 120,700 Started in June 700 Completed during June 750 Ending work in process (June 30) 250 Total costs added during June $375,200 Degree of completion direct materials, 80%, conversion costs, 60% Degree of completion direct materials, 90%, conversion costs, 70%. S180, 800 Required: i. Calculate equivalent units for direct materials and conversion costs. Show ploysical units in the first column of your schedule. ii. Summarise the total costs to account for calculate the cost per equivalent unit for direct materials and conversion costs, and assign costs to the units completed (and transferred out) and units in ending work in process, Type your answer here (12 marks)

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