User Account

All Pages

Patient services revenue

Assignment Help Finance Basics
Reference no: EM132200365

The Housekeeping Services department of Toy Clinic, a multi-specialty practice in Toledo, Ohio, had $100,000 in direct costs during 2004. These costs must be allocated to Ruger's three revenue-producing patient services departments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of housekeeping services utilized. The patient services departments generated $5 million in total revenues during 2004, and to support these clinical activities, used 5,000 hours of housekeeping services.

What is the allocation rate if:

  • Patient services revenue is used as the cost drive
  • Hours of housekeeping services is used as the cost driver.

Reference no: EM132200365

Questions Cloud

Write a game of hangman representing the word : Write a game of Hangman representing the word and the letters that have been guessed as arrays .
Beverly total dollar return : While she held the stock it paid a dividend of $1.50 per share. What was Beverly's total dollar return on this stock?
Draw a yield curve for us treasury securities : Draw a yield curve for U.S. Treasury securities. Describe the general shape of the curve and explain what it says about the future direction of interest rates
Write a function that takes as an input an 80 element : Write a function that takes as an input an 80 element character array and has a return type that is void.
Patient services revenue : The patient services departments generated $5 million in total revenues during 2004, and to support these clinical activities, used 5,000 hours of housekeeping
Write a function tokgs which accepts weight in pounds : Write a function "Tokgs" which accepts weight in pounds from user and convert this weight into equivalent kilograms using returning value functions.
Write a function template sort that takes two references : Write a function template sort that takes two references to generic objects and switches them if the first argument is larger than the second.
Calculate competitive market equilibrium price and quantity : Old cellular phones generate a negative externality when they are consumed because they lead to environmental damage when they are discarded.
Write a computer program to calculate the potential v : Write a general computer program to calculate the potential V, E, D, Q+ and the capacitance C between two conducting surfaces separated by a dielectric material

Reviews

Write a Review

Finance Basics Questions & Answers

  What factors affect rate paid by consumers for auto loan

what factors affect the rate paid by consumers for an auto loan? provide some examples.nbsp would someone with bad

  Calculate the standard deviations of the returns for goodman

Calculate the standard deviations of the returns for Goodman, Landry, and the Market Index. (Hint: Use the sample standard deviation formula given in the chapter, which corresponds to the STDEV function in Excel.)

  How much will you pay for a share today

If you require an 11 percent return on the company's stock, how much will you pay for a share today?

  What is the companys net cash flow

ABC corporation has operating income of $25,566. The company's depreciation expense is $9,856. The company is all equity-financed and it faces a tax rate of 36%. What is the company's net cash flow?

  What activities are involved in managing the company

What activities are involved in managing the company’s costs and profits?

  Amount of the annual coupon payment

What is the amount of the annual coupon payment for a bond that has 6 years until maturity, sells for $1,050, and has a yield to maturity of 10.5%?

  Describe and illustrate an integrated service provider

Compare and contrast anticipatory and response-based business models. Why has responsiveness become popular in supply chain collaborations?

  What is the market price of the preferred stock today

If the required return on Argaiv preferred stock is 6%, and if Argaiv pays its next dividend in one year, what is the market price of the preferred stock today?

  Describe how current project records where maintained

You have successfully won a project, In depth, Describe How current project records where maintained?

  Compute present values of the following options expiring

Assume sigma=0.15, nu=0.10, and current stock price $32. Monthly interest rate is 1%. Compute present values of the following options expiring in 3 months. A European call option with strike $30, assuming $2 dividend in 40 days (non recombining di..

  Compare and contrast the different dividend theories

1. Compare and contrast the different dividend theories. Define and discuss the factors that firms must consider in the selection and implementation of their dividend policy.  Also, talk about the mechanics of when a dividend is declared and paid,..

  Calculate the gross profit ratio for the month of july

Baskin-Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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