Identify activities in doctors office that fall into process
Course:- Cost Accounting
Reference No.:- EM131138855

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Cost Accounting

Evaluating Performance

When comparing various divisions within a company, describe what problems can arise from evaluating divisions that have different accounting methods, as described in Chapter 11 of your text. Cite three examples of accounting methods that could cause divisions' profits to differ. Your initial post should be 200-250 words.

Non value-Added Costs in a Doctor's Office

Dr. Steve Rosenthal has his own medical practice. He specializes in the treatment of diabetics. His staff consists of a receptionist, two nurses, a lab technician, and a dietitian. As patients enter the outer office, they check in with the receptionist. The patient then waits until called by a nurse. When called, the patient moves from the waiting room to the inner offices. The patient must weigh in and is then assigned a room. The nurse assigning the patient to a room gathers all the personal data for updating the medical records, such as insulin dosage, medication, illnesses since last visit, etc. The nurse also takes an initial blood sample for blood sugar testing and performs a blood pressure test. The patient then waits until the doctor comes in. After the doctor's conference, the nurse returns to take more blood samples, depending on what is ordered by the doctor. The patient then waits until the dietitian comes to review eating habits and talk about how to improve meal planning and weight control. The patient returns to the receptionist to pay for the office visit and to schedule the next visit.

In your response include the following:

• Identify the activities in the doctor's office that fall into process time, inspection time, move time, wait time, and storage time.

• List the activities in the doctor's office that are candidates for non value-added activities. Explain why you classify them as non value-added activities.

Attachment:- Chapter_11_Text.rar

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Cost Accounting) Materials
Assuming that the battery division is operating at full capacity, explain why each of the transfer prices given in parts l(a) through l(d) would or would not be an appropria
Articles of Partnership stipulated that losses and profits be assigned in the subsequent manner and every partner was to be attributed with interest equal to 10% of the capita
Explain the meaning of ‘historical cost accounting,' ‘modified historical cost.' ‘current purchasing power accounting,' ‘current cost accounting' and ‘continuously contempor
Compute the total variable cost and total fixed cost for each expense category for last year. The treasurer believes that in the coming year, the electricity rate will incr
On February 13, 2012, the property was sold for $40,000, payable in four yearly installments of $10,000 plus interest. Evaluate what is the amount of ordinary income to be r
Imagine that you had dinner out with a group of three of your friends. Everyone shared several appetizers and a couple of pitchers of soda. How would you allocate the cost o
Sitwell is considering switching from one overhead rate based on labor hours to activity-based costing and using activity-based costing, how much assembly cost is assigned to
Write a one paragraph description of the business of the company. Write an additional paragraph for each of the six companies explaining why it is likely they use your sugge