Answer:
Note: The full question is attached as picture below
(a) (b) (c)
In Larger
Balance Difference column
1. No $725 Debit
2. Yes NA NA
3. Yes NA NA
4. No $225 Credit
5. Yes $684 NA
6. No $45 Credit
Answer:
A=167.74
B 96.15%
C 95.43%
D 1.02 days
Explanation:
A)No of days in the year = 365
Total no of services days = 26106 + 35120 = 61226
Average daily census = 61226/365=167.74
B) Bed occupancy rate for January - June 3.
= Total number of inpatient days * 100/ Available beds * number of day
=26106*100/150*181=96.15%
C)Bed occupancy rate for July - December=
Total number of inpatient days * 100/ Available beds * number of day
35120*100/200*184 = 95.43%
D)
ALOS (Average length of days)=Total inpatient days /Total Discharges
61226 + 9601/59788 + 9588= 1.02days
When an company makes much profit the business will florish and prosper.
Answer:
Keep-or-drop decision
Explanation:
Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.
Therefore, manager takes a keep-or-drop decision.
Answer:
All of the above would use process costing.
Explanation:
Process costing can be defined as a method of assigning manufacturing costs whereby the cost of each unit produced is assumed to be the same cost for every unit.
Process costing is most commonly applied when goods are produced in large numbers and when the costs linked to individual units cannot be easily differentiated from each other.
Under process costing, costs rise over a fixed period of time, and are then assigned to all the units produced throughout that period.