Dr steve rosenthal has his own medical practice he

Assignment Help Accounting Basics
Reference no: EM13579595

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.

This is an accounting question please answer with this in mind for full points.

In your response include the following:

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

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

 

Reference no: EM13579595

Questions Cloud

Te percentage of rework was found to be 12 based on : the quality control department wants to estimate the true percentage of rework for the electrical components to within
When the corporation issuing the bonds has the right to : 1. under the equity method the receipt of cash dividends on an investment in common stock of vallerio corporation is
Of primary interest to the researcher was the effect of : question a researcher randomly sampled 30 graduates of an mba program and recorded data concerning their starting
If a sample of 1000 chips is tested what is the : each computer chip made in a certain plant will independently be defective with probability .25. if a sample of 1000
Dr steve rosenthal has his own medical practice he : dr. steve rosenthal has his own medical practice. he specializes in the treatment of diabetics. his staff consists of a
Complete the inventory cost card assuming the business : complete the inventory cost card assuming the business maintains a perpetual inventory system and calculates the cost
Leslie manufacturing company purchased land adjacent to its : leslie manufacturing company purchased land adjacent to its factory for the installation of a holding area for
The specifications on the shaft are 02500 plus or minus : the diameter of a shaft is normally distributed with mean 0.2508 inch and standard deviation of 0.0008 inch. the
Underwood company purchased a machine on january 2 2013 for : 1. on february 12 oceans company purchased a tract of land as a factory site for 190000. an existing building on the

Reviews

Write a Review

Accounting Basics Questions & Answers

  The offices 4 canon machines are expected to last 6 more

the lansing community college registrars office is considering replacing some canon copiers with faster copiers

  Club account for the decline in value

Club Co. appropriately uses the equity method to account for its investment in Chip Corp. As of the end of 2008, Chip's common stock had suffered a significant decline in fair value, which is expected to be recovered over the next several months. ..

  Purchases of landscaping supplies direct materials are paid

green landscaping inc. is preparing its budget for the first quarter of 2014. the next step in the budgeting process is

  A product sells for 135 variable costs are 100 and fixed

a product sells for 135 variable costs are 100 and fixed costs are 68000. if the selling price can be increased by 21

  Calculate the book value of a three-year-old machine

Calculate the book value of a three-year-old machine that has a cost of $45,000, an estimated residual value of $5,000, and an estimated useful life of four years.

  Determining amount of amortization expense

In January of 2007, Kerr successfully defends the patent at a cost of $81,000, extending the patent's life to 12/31/18. What amount of amortization expense would Kerr record in 2007?

  The production manager at martinez has pointed out that if

martinez inc. makes g18 internally. 16000 units of this part are produced and used every year in making one of

  Compute the total dividends paid

Determine the amount of dividends paid each year to each of the two classes of stockholders. also, compute the total dividends paid to each class for the 4 years combined.

  Summarize the events of a recent accounting scandal

summarize the events of a recent accounting scandal. identify how the illegalunethical act was detected and the

  Classify the evidence by source into one of four categories

audit evidence during the course of an audit the auditor examines a wide variety of documentation. listed below are

  Assess the initiatives methods and ways the hr department

assess the initiatives methods and ways the hr department can address employee well-being to determine at least three

  Analyzing the changes in each of the plant asset

Prepare a schedule analyzing the changes in each of the plant asset accounts during 2011. this schedule should include columns for beginning balance, increase, decrease and ending balance for each of the plant asset accounts.

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