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Verdich [7]
3 years ago
12

A hospital performs 3 types of operations. The first type takes 30 minutes, and they charge $500 for it. The second type takes 1

hour, and they charge $750 for it. The third operation takes 2 hours, and they charge $1000 for it. The hospital can schedule up to 35 total operations per day. Moreover, they have 2 operating rooms, each of which can be used for 10 hours per day. Determine how many of each type of operation the hospital would perform to maximize its revenue.
Number of 30 minute operations:
Number of 1 hour operations:
Number of 2 hours operations:
Business
1 answer:
jekas [21]3 years ago
5 0
The 30 min operation is 20 
the 1 hr operation is 10
and the 2 hr operation is 5
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Answer:

5.31%

Explanation:

FV = 1000

Coupon rate = 5.7%

No of compound = 2

Interest per period = $28.5

Bond price = $1048

No of years to maturity = 20

No of compounding till maturity = 40

Coupon rate set on new bonds = Rate(Nper, PMT, -PV, FV) * 2

Coupon rate set on new bonds = Rate(40, 28.5, -1048, 1000) * 2

Coupon rate set on new bonds = 0.02655 * 2

Coupon rate set on new bonds = 0.0531

Coupon rate set on new bonds = 5.31%

7 0
2 years ago
In 2019, Rashaun (62 years old) retired and planned on immediately receiving distributions (making withdrawals) from his traditi
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Answer

The answer and procedures of the exercise are attached in the following archives.

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3 0
3 years ago
Melissa invests $37,000 today in a savings account that pays 4 percent interest compounded annually. She wants to know the total
MissTica

Answer:

a. N = 7, I/Y = 4, PV = -37,000

Explanation:

In financial calculator % is already written in the calculator so we have to write only number in calculator.

Option b incorrect because it has included a number with % ( 4% ) sign that we dint do usually in calculator.

Option c is incorrect because it has taken pv as positive

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Harwood Company uses a job-order costing system. Overhead costs are applied to jobs on the basis of machine-hours. At the beginn
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Under- or Over-Applied Manufacturing Overhead:

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The applied overhead is debited to work-in-process inventory and credited to the manufacturing overhead account.

2. The underapplied or overapplied overhead for the year is the difference between the actual and applied overhead. We can show it in the T-account like this:

3. The company estimated its total overhead cost to be $192,000 and its total machine hours to be 80,000. The actual overhead cost was $184,000 and the actual machine hours were 75,000. We can see that the main reason why the manufacturing overhead was underapplied was the fact that it worked fewer machine hours than anticipated with a proportional decrease in the manufacturing overhead costs incurred. This is normal because an element of manufacturing overhead is fixed.

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