Determine how the charge should be handled properly

Assignment Help Cost Accounting
Reference no: EM13875846

Responsibility for Inefficiency; Ethics General Hospital leases its diagnostic equipment from Normed Leasing, which is also responsible for maintaining the equipment. Recently the hospital's MRI machine needed repair and physicians were required to order expensive nonemergency laboratory tests for their patients to diagnose conditions that could have been diagnosed more easily (and less expensively) using the MRI machine. Rather than bill its patients for the entire costs of these tests, the hospital billed the patients for the cost of an MRI and billed the difference to Normed. Normed disputes the charge, claiming that the physicians should have postponed diagnosis of the patients' conditions until the MRI machine could be repaired.

Required: What issues should be addressed to determine how the charge should be handled properly? How can this situation be prevented? If appropriate, include ethical issues in your response.

Reference no: EM13875846

Questions Cloud

Differences between revising and proofreading? : What are some of the differences between revising and proofreading?
The equation of the hyperbola at the origin : The number of moose in northern Maine is increasing at a rate of 3% per year. It is estimated in one county that there are now 2000 moose. If the growth rate remains unchanged, how many years will it be until there are 2600 moose in that county?
Which department should bear responsibility for the two days : Which department should bear the responsibility for the two days' downtime? How can similar problems be avoided in the future?
Distinction between safety culture and safety climate : Explain the distinction between safety culture and safety climate
Determine how the charge should be handled properly : What issues should be addressed to determine how the charge should be handled properly? How can this situation be prevented? If appropriate, include ethical issues in your response.
The company carried the highest ratings in its industry : Was it a good idea to fire them all at the same time with no detailed explanation?
Describe the positive and negative influences of technology : you will describe the positive and negative influences of technology on human development within two periods across the lifespan. Choose two developmental periods of interest
Implementing an abc system compared to traditional costing : List two advantages and two disadvantages of implementing an ABC system compared to traditional costing.
How should annual management fee be allocated to buildings : Assuming November is a representative month for the year, how should the annual management fee be allocated to the four apartment buildings?

Reviews

Write a Review

 

Cost Accounting Questions & Answers

  Debt common stock and percentage of debt fundallensworth

debt common stock and percentage of debt fund.allensworth motors forecasts that its earnings per share will be 3.00

  Determine amounts to be reported for cost of goods

Determine the amounts to be reported for cost of goods sold and gross profit.

  Merchandise inventory account

Determine that sales revenue during the year was $1,500,000 - Give the amounts for the items in the Merchandise Inventory account.

  Explain the differences in the four methods of costing

Explain the differences in the four methods of costing you have used in (a.i) and (a.ii) and in which situation you would use them.

  Timothy is a 35 percent partner in the total partnership a

timothy is a 35 percent partner in the total partnership a calendar-year-end entity. timothy has an outside basis in

  The sunrise hotel has 200 rooms each room rents at 110 per

the sunrise hotel has 200 rooms. each room rents at 110 per night and variable costs total 16 per room per night of

  Identify the limitations of the internal control system

Provide at least 2 examples of internal control procedures, and explain how these procedures can be implemented.

  Questionat the starting of 2014 ace company estimated the

questionat the starting of 2014 ace company estimated the subsequent costs to produce one unit of product 5 pounds of

  Bt co a beverage manufacturer manufactures one product -

bt co a beverage manufacturer manufactures one product - trublood. bt accounts for its finished goods inventory using

  Biando corporation began operations on 1st may 2010 and

biando corporation began operations on 1st may 2010 and completed the subsequent transactions during its first month of

  Determine sagaworth net cash flow from operating activities

Determine Sagaworth's net cash flow from operating activities for 2011 under the indirect method.

  Bonanza trading stamps inc was formed untimely this year to

bonanza trading stamps inc. was formed untimely this year to sell trading stamps throughout the southwest to retailers

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd