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Question - Providence Hospital generates monthly performance reports for each of its departments. The hospital must maintain an adequate staff of attending and on-call physicians at all times, so physician costs are not affected by the number of patient visits. But all other costs do vary with patient activity. Nurse-hours are used as the activity measure for nursing costs, and patient visits are used as the activity measure for the cost of supplies and other variable costs.
The head physician of the hospital's emergency room, Yolanda Mortensen, is responsible for control of costs. During October, the emergency room unit expected to treat 3,700 patients but actually treated 4,200 patients. The following additional information for October is available:
Budget
Actual
Variance
Nurse-hours
1,480
1,764
-284
Nursing costs
$37,000
$33,800
$3,200
Supplies & other variable costs
$40,700
$25,700
$15,000
Fixed costs
$97,000
$93,500
$3,500
Required - Compute the flexible-budget variances for nursing costs.
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ACCT 111 - Midterm - Take home Spring 2017 Exam. Thomas calculates material quantity variance when materials are purchased. What the materials quantity variance
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aj accounting performs two types of services audit and tax. ajs overhead costs consist of computer support 200000 and
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Prepare the journal entry to correct the error assuming it is discovered before the books are adjusted or closed in 2011. (Ignore income taxes.)
profits have been decreasing for several years at pegasus airlines. in an effort to improve the companys performance
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