What is allocation rate if patient services revenue is used

Assignment Help Financial Econometrics
Reference no: EM13327148

The housekeeping services department of R clinic, a multispecialty practice in CC had 165105 in direct costs during last year. These costs must be allocated to R Clinic three revenue producing patient services deparments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of housekeeping services used. The patient services departments generated 7 million in total revenues during the year and to support these clinical activities they used 4663 hours of housekeeping services. What is the allocation rate if patient services revenue is used as the cost driver?

Reference no: EM13327148

Previous Q& A

  Why does aggregate supply shift to the right

When the U.S. dollar appreciates, two things happen: aggregate demand shifts to the left, and aggregate supply shifts to the right. Why does aggregate supply shift to the right?

  What is the allocation rate if housekeeping services is used

The housekeeping departmenent at ricardo clinic, a multispecialty practice in Corpus christi had 152318.00 in direct cost during last year. These costs must be allocated to three revenue producing patient serices departments using the direct meth..

  Find an academic article from academy of management

1. Find an academic article from academy of management

  What would be the consumer buying response to coca-cola if

What would be the consumer buying response to Coca-Cola if the price of Pepsi doubled? If the prices of Coca-Cola and Pepsi remained constant, what would be the typical buying response to these products if consumer income was reduced by 30%? Suppose ..

  How many bits are needed for the opcode

A digital computer has a memory unit with 32 bits per word. The instruction set consists of 128 different operations. All instructions have an operations code part (opcode) and an address part (allowing for only one address). Each instruction is s..

  An unique marketing idea

Develop in 2 to 3 pages an unique marketing idea (business idea) that capitalizes on a threat, opportunity, technological breakthrough, new or developing customer need.

  How long should owner wait to save the entire amount

A restaurant owner wants to buy new kitchen equipment for $25,000. He would like to pay for it through saving up $2,000 a week in a fund that pays 10% interest compounded monthly.

  Compute earnings per share for the year 2009

What was the firm's operating profit and Compute earnings per share for the year 2009 - What is the gross profit margin (ratio of gross profit to sales)? (Round your answer to the nearest whole percentage. Omit the "%" sign in your response.)

  Write code to implement the expression

Write code to implement the expression: A= (B+C) * (D+E) on 3-, 2-, 1- and 0- address machines. In accordance with programming language practice, computing the expression should not change the values of its operands. Show all instructions.

  How much would the couples monthly savings be

A couple wants to renovate their house in 3 years. They need $27,000 which they plan to save for in monthly payments in an account that pays 8.5% compounded monthly. How much would their monthly savings be

Reviews

Write a Review

 

Similar Q& A

  Determine possible investment potential between 2-companies

As the representative from your accounting firm or practice, you are in charge of stock market analysis that will be presented to clients as part of professional consultation process.

  Determine what is one share of this stock worth today

Mother and daughter enterprises is a relatively new firm that appears to be on the road to great success. The company paid their first annual dividend yesterday in the amount of $.28 a share.

  How do you create or decrease leverage

What is leverage, how do you create or decrease leverage and why is leverage used?

  How long should owner wait to save the entire amount

A restaurant owner wants to buy new kitchen equipment for $25,000. He would like to pay for it through saving up $2,000 a week in a fund that pays 10% interest compounded monthly.

  Determining what data should collect on an ongoing basis

Determining what data you should collect on an ongoing basis and how you should use that data to make effective decisions aimed at balancing high occupancy with high per-room profitability

  Compute the least squares regression equation

State the number of degrees of freedom available for determining the between-samples variation and Compute the least squares regression equation.

  What is the allocation rate if housekeeping services is used

The housekeeping departmenent at ricardo clinic, a multispecialty practice in Corpus christi had 152318.00 in direct cost during last year. These costs must be allocated to three revenue producing patient serices departments using the direct meth..

  What is the goal of common-size analysis

What does the financial analysis process reveal and what is the goal of common-size analysis

  Find the number of full payments needed

A debt of $4000 with interest at 12% compounded semi annually, is to be repaid by semi-annual payments of $400 each. Find the number of full payments needed and the final payment.

  A project report on banking system

The objective of this business report is to focus upon evaluating the current portfolio of Baituna home loans product of Bank Muscat and its volumes. It focus upon the current standing of the product in Oman and its performance on the basis of its vo..

  What is the current price of the bond in the united states

Suppose a German company issues a bond with a par value of 1000, 15 years to maturity, and a coupon rate of 7.7 percent paid annually. If the yield to maturity is 8.8 percent, what is the current price of the bond

  Determine what is the yield to maturity of the bond

A Japanese company has a bond outstanding that sells for 94 percent of its ?100,000 par value. The bond has a coupon rate of 5.30 percent paid annually and matures in 15 years.

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