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Unit Cost, No Work-In-Process Inventories Lising Therapy has a physical therapist who performs electro-mechanical treatments for its patients. During April, Lising had the following cost and output information: Direct materials Hygienist's salary Overhead Number of treatments Required: $750 $4,250 $5,000 100 1. Calculate the cost per treatment for April. per treatment 2. Calculate the cost of services sold for April. 3. What if Lising found a way to reduce overhead costs by 20 percent? How would this affect the profit per treatment? Brofit would be per treatment by $

Unit Cost, No Work-In-Process Inventories Lising Therapy has a physical therapist who performs electro-mechanical treatments for its patients. During April, Lising had the following cost and output information: Direct materials Hygienist's salary Overhead Number of treatments Required: $750 $4,250 $5,000 100 1. Calculate the cost per treatment for April. per treatment 2. Calculate the cost of services sold for April. 3. What if Lising found a way to reduce overhead costs by 20 percent? How would this affect the profit per treatment? Brofit would be per treatment by $

FINANCIAL ACCOUNTING
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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< Unit Cost, No Work-In-Process Inventories Lising Therapy has a physical therapist who performs electro-mechanical treatments for its patients. During April, Lising had the following cost and output information: Direct materials Hygienist's salary Overhead Number of treatments Required: $750 $4,250 $5,000 100 1. Calculate the cost per treatment for April. $ per treatment 2. Calculate the cost of services sold for April. 3. What if Lising found a way to reduce overhead costs by 20 percent? How would this affect the profit per treatment? Profit would be by $ per treatment
Transcribed Image Text:< Unit Cost, No Work-In-Process Inventories Lising Therapy has a physical therapist who performs electro-mechanical treatments for its patients. During April, Lising had the following cost and output information: Direct materials Hygienist's salary Overhead Number of treatments Required: $750 $4,250 $5,000 100 1. Calculate the cost per treatment for April. $ per treatment 2. Calculate the cost of services sold for April. 3. What if Lising found a way to reduce overhead costs by 20 percent? How would this affect the profit per treatment? Profit would be by $ per treatment
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