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Your wellness clinic wants to develop a product cost for the following activities using labor expense and supply expense to assign direct costs and
Your wellness clinic wants to develop a product cost for the following activities using labor expense and supply expense to assign direct costs and visit minutes as a cost driver to assign indirect costs. Projected total costs for your wellness clinic are $600,000 ($300,000 direct and $300,000 indirect). Assign costs to each activity using the following information: Projected Labor Supply Visit Activity Volumes Expense ($) Expense ($) Minutes Evaluation 4,000 Education 3,000 Exercise 2,000 3555 30 10 50 2200 4 60 40 90
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