APA Medical Center has collected data on all of its activities for the past seven months. Data for the cardiac nursing care follow (Month, Cost, Hours of Nursing Care, respectively): September 2012 P69,500 for 1,700 hours; October 2012 P64,250 for 1,550 hours; November 2012 P52,000 for 1,200 hours; December 2012 P66,000 for 1,600 hours; January 2013 P83,000 for 1,800 hours; February 2013 P66,550 for 1,330 hours; March 2013 P79,500 for 1,700 hours. Upon looking into the events that happened at the end of 2012, you find that the cardiology ward bought a cardiac monitoring machine for the nursing station. A decision was also made to add a new supervisory position for the evening shift. Monthly depreciation on the monitor and the salary of the new supervisor totals P10,000. Calculate the fixed cost and variable rate applicable to March 2013

APA Medical Center has collected data on all of its activities for the past seven months. Data for the cardiac nursing care follow (Month, Cost, Hours of Nursing Care, respectively): September 2012 P69,500 for 1,700 hours; October 2012 P64,250 for 1,550 hours; November 2012 P52,000 for 1,200 hours; December 2012 P66,000 for 1,600 hours; January 2013 P83,000 for 1,800 hours; February 2013 P66,550 for 1,330 hours; March 2013 P79,500 for 1,700 hours. Upon looking into the events that happened at the end of 2012, you find that the cardiology ward bought a cardiac monitoring machine for the nursing station. A decision was also made to add a new supervisory position for the evening shift. Monthly depreciation on the monitor and the salary of the new supervisor totals P10,000. Calculate the fixed cost and variable rate applicable to March 2013

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter15: Introduction To Managerial Accounting

Section: Chapter Questions

Problem 4MAD

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Valley Hospital measures the in-patient occupancy of the hospital by determining the number of patient days divided by the number of available bed days in the hospital for a time period. The following in-patient data are available for the months of April, May, and June: April May JuneAdmitted patients 1, 440 1, 860 2, 250 Average length of stay per patient 4.0 days 3.5 days 3.0 daysThe hospital has 200 rooms. One hundred rooms are private and have a single bed per room. The other 100 rooms are semi-private with two beds per room. a. Determine the number of in-patient days for each month.b. Determine the available bed days rate for each month.c. Determine the occupancy rate for each month.d. Interpret the results in (c).
The Valley Hospital measures the in-patient occupancy of the hospital by determining the number of patient days divided by the number of available bed days in the hospital for a time period. The following in-patient data are available for the months of April, May, and June: April May June Admitted patients 1,440 1,860 2,250 Average length of stay per patient 4.0 days 3.5 days 3.0 days The hospital has 200 rooms. One hundred rooms are private and have a single bed per room.The other hundred rooms are semi-private with two beds per room. a. Determine the number of in-patient days for each month. Number of in-patient Days April fill in the blank 1 May fill in the blank 2 June fill in the blank 3 b. Determine the available bed days for each month. Available Bed Days April fill in the blank 4 May fill in the blank 5 June fill in the blank 6 c. Determine the occupancy…
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