Activity-Based Product Costing Suppose that a surgical ward has gathered the following information for four nursing activities and two types of patients:     Patient Category     Driver Normal Intensive Activity Rate Treating patients Treatments 6,900 8,000 $4.00 Providing hygienic care Hygienic hours 4,800 17,600 5.00 Responding to requests Requests 32,000 80,000 2.00 Monitoring patients Monitoring hours 6,000 72,000 3.00 Required: 1.  Determine the total nursing costs assigned to each patient category.   Costs Assigned Normal $ Intensive $ 2.  Output is measured in patient days. Assuming that the normal patient category uses 8,000 patient days and the intensive patient category uses 6,400 patient days, calculate the nursing cost per patient day for each type of patient. Round your answers to the nearest cent. Normal $ per patient day Intensive $ per patient day 3.  Conceptual Connection: The supervisor of the surgical ward has suggested that patient days is the only driver needed to assign nursing costs to each type of patient. Calculate the charge per patient day using this approach. Round your answer to the nearest cent.$ per patient day Check My Work

Standard cost sheet -Short term patients                                        Standard Price             Standard Usage     Standard Cost Direct Materials                 $10                             9                              $ 90 Direct Labor                       $16                            2.5                            $40 Variable overhead              $30                            2.5                           $75 Fixed overhead                  $40                            2.5                          $100 Total standard unit cost                                                                      $305 1. Compute the LEV for the long-term patients and state whether it is favorable or unfavorable

1. What are the fees for a Basic Exam, Advanced Exam, and a Basic Exam assuming the goal is to cover only variable and fixed direct costs? Assume that the audiology department is allocated $100,000 in total overhead by the clinic, and the department director has allocated $50,000 of this amount to the three services listed above. (To answer this question, assume that the allocation of overhead costs to each service is made on the basis ofnumberof visits.)   2. What are the fees for a Basic Exam, an Advanced Exam, and a Basic Exam assuming the overhead costs must be covered? 7.2 The audiology department at Randall Clinic offers many services to the clinic's patients. The three most common, along with cost and utilization data, are as follows: Copying and distribution of this PDF is prohibited without written permission. For permission, please contact Copyright Clearance Center at www.copyright.com Healthcare Finance Variable Cost Annual Direct Annual Number per Service Fixed Costs of…

Total Cost   Cost Driver   Square Feet   Number of Employees Janitorial $150,000      Square footage serviced   200      40          Cafeteria 50,000      Number of employees   20,000      12          Cutting 1,125,000          4,000      120          Assembly 1,100,000          16,000      40          The Janitorial and Cafeteria departments are support departments. Determine the proportional (percentage) usage of the Cafeteria Department by the (a) Cutting and (b) Assembly departments using the direct method. i need help answering this

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2.​A hospital has the following cost and utilization information     Overhead cost: Maintenance costs: $250,000   Cost centers: Ward: $50,000; Coronary care Unit $100,000   Utilization: Ward treats 100 patients; Coronary care unit treats 50 patients     A. . What is the average cost of the Ward and Coronary care unit, ignoring overhead costs?             B.  If you were to allocate overhead costs to the Ward and the coronary care unit, what share would you allocate to each? Explain.             C.  If the Ward has 2,000 square feet of space and the coronary care unit at 10,000 square feet, calculate average costs for each unit including the appropriate allocation of overhead costs to each.

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3 manage costs? 10-31. Activity-Based Costing of Customers Rupert's Appliance Warehouse (RAW) delivers appliances to retailers throughout the city. The firm adds 6 percent to the cost of the appliances to cover the delivery cost. The delivery fee is meant to cover the cost of delivery. The finance team at RAW has analyzed the delivery service using activity-based costing methods and identified four activities. Data on these activities follow: 100 Activity Processing order.. Loading truck... Delivering order..... Billing..... Total overhead. .. Cost Driver Number of orders Number of items Number of orders Number of invoices Order value (total) . . . . . Number of orders.. Total number of items. Number of invoices. Activity Cost $ 90,000 180,000 108,000 70,000 $448,000 Two of Rupert's customers are McLean Designs and Neveux Appliances. Data for orders and deliveries to these two customers follow: .. Cost Driver Volume 3,000 orders 60,000 items 3,000 orders 2,500 invoices McLean Designs…

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Identifying Direct and Indirect Costs Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics. Required: For each cost incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object by placing an