What are the total expenses for Forks Gym for the month of March?

Romain Surgical Hospital uses the direct method to allocate service department costs to operating departments. The hospital has

xenn [34]

Answer:

Romain Surgical Hospital

The total Surgery Department cost after service department allocations is closest to:

$ 565,970

Explanation:

a) Data and Calculations:

Service Department Operating Department

Information Technology Administration Surgery Recovery

Departmental costs $ 36,294 $ 36,282 $ 522,320 $ 720,360

Computer workstations 43 20 74 64

Employees 39 25 94 47

Information Technology costs allocated based on the Computer workstations $36,294/138 = $263 per workstation

Administration costs allocated based on the number of employees:

$36,282/141 = $257.32

Direct Allocation of Service Departments' Costs:

Service Department Operating Department

Information Technology Administration Surgery Recovery

Departmental costs $ 36,294 $ 36,282 $ 522,320 $ 720,360

Information Techn. (36,294) 0 19,462 16,832

Administration 0 (36,282) 24,188 12,094

Total costs 0 0 $ 565,970 $ 749,286

8 0

3 years ago

4 components of a country market assessment

yuradex [85]

1- Economic Analysis Using Metrics
2- Infrastructure and technology
3- Analyzing Government Actions
4- Analyzing Sociocultural Factors

5 0

4 years ago

Sleep Tight manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials w

Nezavi [6.7K]

Answer:

Opening finished goods Inventory $36,000

Add Cost of Goods Manufactured $944,000

Less Closing finished goods Inventory ($42,000)

Cost of Goods Sold $938,000

Explanation:

Step 1 Calculate Raw Material Costs requisitioned for manufacturing.

Materials Requisites = Opening Raw Materials Inventory + Purchases of Raw Materials - Closing Stock of Raw Materials

= $36,000+$580,000-$19,000

= $ 597,000

Step 2 Calculate Cost of Goods Manufactured

Raw Materials $597,000

Direct labor $202,000

Factory overhead $144,000

Add Opening work in process Inventory $34,000

Less Closing work in process Inventory ($33,000)

Cost of Goods Manufactured $944,000

Step 3 Calculate the Cost of Goods Sold

Opening finished goods Inventory $36,000

Add Cost of Goods Manufactured $944,000

Less Closing finished goods Inventory ($42,000)

Cost of Goods Sold $938,000

6 0

4 years ago

Read 2 more answers

Northeast Baptist buys $500,000 of a particular item (at gross prices) from its major supplier, Cardinal Health, which offers NE

Vladimir79 [104]

Answer:

a) 10,000 free trade credit

b) Costly trade 6.466,67

c) yearly cost 38,800

d) Yes as the total cash outflow to purchase the goods is lower using costly trade

e) The complete amount as it reduces the cashflow needed for the acquisition of the goods

Explanation:

principal x rate x time = interest

Where rate and time should be expressed in the same metric thus, we express the 60 days as portion of a year

500,000 x 0.12 x 60/360 = 10,000 free trade credit

costly trade:

500,000 x 0.97 = 485,000

485,000 x 0.12 x 40/360 = 6.466,67

cost per year: the cicle repeats every 60 days thus, 6 times per year:

6,466.67 x 6 = 38.800‬

total financial outflow:

with free credit: 500,000

with costly trade: 485,000 + 6,466.67 = 491.466,67‬

As the costly trade generated a lower cash flow it should take this path

8 0

3 years ago

Which of the following would have a negative impact on determining eligiblity for a home loan?

damaskus [11]

Answer:

Withdrawing money from savings

Explanation:

If a person withdraws money from his savings, this person is losing the balance that the bank or mortgage company could take into account in order to approve the loan or not.

The reason is that a person without savings could very easily find it hard to keep up with payments in case of a job loss, or a salary reduction, while a person with savings has a financial cushion that insurers the loaner against this kind of situations.

8 0

3 years ago