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Estimate the variable cost per DRG 209 using the departmental cost/charge ratios and variable cost percentages.
You have been asked to establish a pricing structure for radiology on a per-procedure basis. Present budgetary data is presented below:
Budgeted Procedures 10,000
Budgeted Cost $300,000
Desired Profit $100,000
It is estimated that Medicare patients comprise 40 percent of total radiology volume and will pay on average $38.00 per procedure. Approximately 10 percent of the patients are cost payers. The remaining charge payers are summarized below:
Payer Volume % Discount %
Blue Cross 10 4
Unity PPO 25 10
Kaiser 10 10
Self Pay 5 40
50%
A total of 80,000 units were produced and sold last month. How many units would company have to sell to achieve a desired profit of $1,200,000?
Hazel Holden and Cedric Dalton are organizing Calgary Metals Unlimited Inc. to undertake a high-risk gold-mining venture in Canada. Discuss whether Hazel and Cedric are behaving in a professional manner.
Journal entries for issued shares at par-value
The bonds were sold when market rates of interest were 10 percent. The discount/ premium is amortized using the effective interest method.
Determine Andrea's basis in the partnership interest
Ernest, an individual, receives $100 from Vernon Corp. in dividends and is in the 28% tax bracket. Vernon Corp. already paid corporate taxes on the $100 at a 20% tax rate. Explain how much in personal taxes will Ernest need to pay?
Explain why the transfer prices based on actual costs are not appropriate as the basis for divisional performance measurement and determine the contribution margin for both the Mining Division and the Metals Division
Given a business combination with outside ownership (minority interest), elucidate the applicable theories and appropriate accounting for items that arise from less than 100% ownership, including the reporting of assets, liabilities, revenues and ..
Your trust fund will pay distribute $60,000 per year over the next 20 years. Using a 10% rate of return, what is present value of the distributions?
Describe general characteristics in an internal control structure that would increase an auditor’s assessment of control risk. Is there a quick list of some of these somewhere?
Evaluate what will Accounts Receivable be at end of February and find what will cash payment for administrative and selling expenses be in February including fixed and variable cash expenses?
Evaluate the amount and character of Robby's deductions for this vacation home considering the cost allocation method that the IRS prefers is used.
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