Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The emergency room at Rochester General Hospital uses a flexible budget based on patients seen as the measure of activity. The hospital must maintain an adequate staff of attending and on -call physicians at all times so patient activity does not affect physician scheduling .Nurse scheduling varies as volume changes, however. A standard of .5 nurse - hours per patient visit was set. Hourly pay for nurses ranges from $9 to $18 per hour, and the average pay rate in $15 per hour. The hospital considers all materials to supplies, a part of overhead; there are no direct materials. A statistical study showed the costs of supplies and other variable overhead is more closely associated with nurse-hours than with patient visits. The standard for supplies and other variable overhead is $10 per nurse-hour
The head physician of emergency room unit, Brad Narr, is responsible for control of costs. During October the emergency room unit treated 4,000 patients. The budget actual costs were as follows:
Budget
Actual
Variance
Patient visits
3,800
4,000
200
Nurse-hours
1,900
2,080
180
Nursing cost
28,500
33,180
4,680
Supplies and other variable overhead
19,000
20,340
1,340
Fixed costs
92,600
0
Total costs
140,100
146,120
6,020
1. Calculate price and quality variances for nursing costs
2. Calculate spending and efficiency variances for supplies and other variable overhead
3. The hospital's chief administrator has asked Dr. Narr to explain the variances. Provide possible explanations
After using the concession stand for 4 years, Six Flags determines that the building will remain useful for only 2 more years. Record Six Flags' depreciation on the concession stand for year 5 by the straight line method.
explain the relationship between the debt ratio and
The general group of the 10 PCAOB Auditing standards requires that:
You have been employed as an entry- level management accountant for a little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of company assets to personal use.
Auditors must be concerned with both generally accepted auditing standards and generally accepted accounting principles in performing an audit.
question 2 deep blue manufactures floatation vests in charleston south carolina.nbsp deep blues contribution margin
How would the company's aftertax cash inflow be affected if (a)it donated the land or (b) it sold the land for $110,000? How would its net income be affected?
Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with remaining 40% collected in the following month. What is the total cash collected (both from accounts receivable and for cash sales) in the month of January?
write a 250- to 350-word paper explaining why preferred stock is referred to as preferred and what some of the features
Lisa's School Supplies suffered a fire loss. The company needs to estimate the cost of the goods destroyed. Beginning inventory was $500,000, purchases totaled $700,000, and sales came equaled $1,000,000.
Some, but not all, contributions of goods and services are given accounting recognition. In each of the following scenarios, an organization receives a contribution in kind. Prepare journal entries, as necessary, to give them accounting recognitio..
Estimate the manufacturing costs if Robert's produces 100,000 widgits in January. Estimate the manufacturing costs if Robert's produces 120,000 widgits in February.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd