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3 years ago

Activity-based costing for a service company

Business

1 answer:

inysia [295]3 years ago

6 0

Answer:

Room and meals= $240 per day

Radiology = $215 per image

Pharmacy = $50 per physician order

Chemistry lab = $80 per test

Operating room = $1,000 per operating room hour

Patient Putin

Unit = $1,585

Total = $10,640

Patient Umit

Unit = $1,585

Total = $6,025

Explanation:

Activity rate = Total Overhead Cost / Total Activity

Room and meals= $240 per day

Radiology = $215 per image

Pharmacy = $50 per physician order

Chemistry lab = $80 per test

Operating room = $1,000 per operating room hour

Patient Putin

Unit Total

Room and meals $240 $1,440

Radiology $215 $860

Pharmacy $50 $300

Chemistry lab $80 $40

Operating room $1,000 $8,000

Total $1,585 $10,640

Patient Umit

Unit Total

Room and meals $240 $960

Radiology $215 $645

Pharmacy $50 $100

Chemistry lab $80 $320

Operating room $1,000 $4,000

Total $1,585 $6,025

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Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the survey

Ber [7]

Answer:

Benchmark.

Explanation:

In this scenario, Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the surveyor came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case, the iron spike would be known as benchmark.

In real estate, benchmark can be defined as an indicator which is used by individuals or group of developers to measure and define properties such as a land. Iron spikes and wood stakes could be used as a benchmark for indicating ownership or measurement of a property.

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3 years ago

1) Imagine that we have eliminated marketing intermediaries, and you need groceries and shoes. How would you find out where the

postnew [5]

Answer:

1. By consulting the people who have purchased shoes and groceries recently, calling them or checking out their website for these information.

2. I would not be willing to travel far based on losses I might incur.

3. I would not save any money.

Explanation:

How would you find out where the shoes and groceries are?

Marketing Intermediaries help in effective delivery of products and services from the end of producers to the other end of consumers.

Since the marketing intermediaries have been eliminated, I would have to find out where the products groceries and shoes are manufactured or where the nearest wholesaler is. I can either inquire from friends and from people who have purchased shoes recently, call the company or check out their website for these information and also inquire from farmers in my area for groceries. It is highly likely that the manufacturers of shoes and groceries are far from where I live.

How far would you have to travel to get them?

Depending, on the distance of manufacturers and farmers to where I live but at the end of the day it will cost me more on time and gas going from one manufacturer and/or farmer to the other. I will end up not going that far to get them.

How much money do you think you'd save for your time and effort?

I would not save but lose money for my time and effort. The money that the marketing intermediaries would have helped me saved is what I would have spent in the search of manufacturers and farmers.

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4 years ago

real-time Incorporated considers purchase of a new machine that cost $40,000 and requires an increase in net operating working c

Tems11 [23]

Answer: $42,000

Explanation:

The Net investment required is the total amount that a company needs to initiate a project or acquire an asset.

Net investment at time 0 = Cost of machine + increase in net operating capital

= 40,000 + 2,000

= $42,000

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3 years ago

Rebecca, a supervisor, is meeting with an employee whose performance has deteriorated since the previous year. The employee used

Dahasolnce [82]

Answer: Carry out an assessment check on what really happened to the employee for a drop of performance.

Explanation:

Some employees start their job on a high note and gradually begin to drop after a while, this can be caused by many factors. Rebecca, the supervisor has to carry out an assessment check on which of these factors happened that lead to the retrogression of her employee. In most cases it is seen that the employee were treated badly either by superiors, other staffs, or customers, another case could be that the employee have personal issues resulting from home or friends which affect their ability to perform. Rebecca has to carry out these asseement to know where she can help her employee to become better again.

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4 years ago

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: A plant produces three product lines: A, B, and C. There are 6 models within product line A, 4 models within B, and 8 within C

kirill115 [55]

Answer:

A) 18

B) 14,600 Units

Explanation:

To solve for Product line (P) we add total numbers the models. That is,

(a) Take product line (P) to be the total number of distinct products A, B & C models produced.

Where A=6

B=4

C=8

Add up

Therefore, we

P = 6 + 4 + 8 = 18 distinct models.

(b) to find QF of the plant for the total production amount of all products produce in the plant multiply by the product line (P) number and then add up.

That is,

QF= 6(500) + 4(700) + 8(1100) = 3000 + 2800 + 8800 = 14,600 units

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3 years ago

Read 2 more answers