2.NurseUrologyCardiologyOrthoOBSmith28181575Jones32482338CaseyKelly5136243625385512The administrator at a local hospital must appoint head nurses to four newly establisheddepartments. The administrator has hired the above four nurses. Each nurse has beenranked on a cost scale of 0 to 100. 0 implies the nurse would be perfect for the task while100 implies that the nurse is not suited for the department. The above table represents allpossible assignments and the nurse's ratings for each department. Which nurse would youassign to which unit? What is the total cost?

this is based on my opinion.. I rank them base on their expertise on every aspect.. just total their…

Answered: 2. Nurse Urology Cardiology Ortho OB…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Helen and Donald met with the supervisor of the pizza division of a medium-sized Italian food supplier. The supervisor explained the two key costs in his division, as follows. Cost Type Each pizza MOH Number of Units Helen's cost model Donald's cost model 2,900 MOH cost 2,900 Total Although Helen and Donald used this data to estimate a model for the division's costs, they each came up with a different model, as follows. $13,630 $3,770 Total pizza division cost = $4.70 (number of pizzas) + $3,770 Total pizza division cost = $6.00 (number of pizzas) What understanding did Helen have about the cost behavior of these costs?
Management was very concerned that their traditional method of costing may no longer be appropriate and wanted to consider using the ABC costing method. It has been suggested that three Cost pools be established, with the following cost Drivers, and the Overhead cost be shared among them as follows: Cost Pool Amount Cost Driver Assembling $ 50,000 Labour cost Manufacturing $ 54,000 Labour Hours Inspecting $ 16,000 Number of Inspections In the month of January, the following production data was recorded: Refrigerators Stoves Units produced 15,000 25,000 Direct Materials Used $ 75,000 $ 125,000 Direct Labour Cost $ 40,000 $ 72,000 Direct Labour Hours 12,000 15,000 Number of Inspections 300 500 Work in Progress at the start of the month $ 12,500 $ 14,000 Work in Progress at the end of the month. $ 7,500 $ 12,000…
Med Max buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to dozens of hospitals. In the face of declining profits, Med Max decided to implement an activity-based costing system to improve its understanding of the costs incurred to serve each hospital. The company broke its selling and administrative expenses into four activities as shown below: Activity Cost Pool Customer deliveries Total Cost $ 313,900 224,400 180,540 Manual order processing Electronic order processing Line item picking 379,500 Total selling and administrative expenses $ 1,098,340 Med Max gathered the data below for two of the many hospitals that it serves-City General and County General: Activity Activity Measure Number of deliveries Number of manual orders Number of electronic orders Number of line items picked Required 1 City General 20 0 20 120 Required 2 Activity Measure Number of deliveries Number of manual orders Number of electronic orders Number of line items…
The Write Way manufactures double sided pens- a pen on one side, a highlighteron the other. As the accounting manager, Shade is responsible for presenting three different versions of the company's income statement to the rest of the management team at year-end. Team members are very familiar with absorbtion costing, as they have been evaluating gross margin amounts and percentages for years. They are lesss keen on how fixed-MOH impacts the income statment, so Shade gathers the following current information. The information includes three possible capacity levels for calculating the fixed-MOH rate. Shade also notes there are no price or efficiency variances this period. Any fixed-MOH volume variase is written off to COGS.Theoretical level - 80,000 units Practical level - 60,000 units Normal level - 50,000 units Actual production - 65,000 units Sales Volume - 60,000 units Budgeted fixed-MOH cost - $240,000 Budgeted DM cost - $2.25 per unit Budgeted DL cost -$1.30 per unit Budgeted…
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The Housekeeping Department of Micanopy Hospital has direct costs of $500,000. The hospital's four patient service departments utilize the following amounts of space:Department A = 1,000 square feetDepartment B = 2,000 square feetDepartment C = 3,000 square feetDepartment D = 4,000 square feet Assuming that the cost driver for housekeeping costs is the amount of occupied space, what is the allocation of housekeeping costs to each department? Show all work. ....typing only
Show all work using Excel formulas (you must submit an Excel worksheet showing your work) FPPT Clinic offers Family Practice and Physical Therapy services at its location. The Family Practice Department generates $4,000,000 in revenue per year and the Physical Therapy Department generates $850,000 in revenue per year. The Family Practice Department occupies 80,000 square feet and the Physical Therapy Department occupies 40,000 square feet. Expenses for the departments are: Salaries/Wages & Benefits Other Expenses Family Practice $1,885,000 $1,226,000 Physical Therapy $400,000 $261,111 The Clinic is supported by three cost centers - Human Resources, Accounting, and Housekeeping services. Cost for those services are: Human Resources: $100,000 Accounting: $100,000 Housekeeping: $75,000 Allocate the costs for each of the three cost centers to the Family Practice Department and Physical Therapy Department. For each cost center, select a driver that you think is fair and allocate the cost…
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ACC5200/Summer21/Chapter 7: Homework Problems 1. Customer profitability analysis Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 8%. For example, if a hospital buys supplies from Worley that had cost Worley $100 to buy from manufacturers, Worley would charge the hospital $108 to purchase these supplies. For years, Worley believed that the 8% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown below: Total Activity 4,000 deliveries Total Cost Activity Cost Pool (Activity Measure) Customer deliveries (Number of…

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