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The administrator of Break-a-Leg Hospital is aware of the need to keep his costs down because he just negotiated a new capitated arrangement with a large insurance company. The following are selected planned and actual expenses for the previous month. Planned Actual Patient days 24,000 23,000 Pharmacy $100,000 $140,000 Miscellaneous supplies $56,000 $67,500 Fixed overhead costs $708,000 $780,000 a. Determine the total variance associated with the planned and actual expenses. b. Calculate the amount of service-related variance. c. Determine what variance is due to change in volume and what variance is due to change in rates. d. Determine the volume variance and rate variance based on per unit rates.
During the year, Mac withdrew $93,000 from the business for his personal living expenses. Assuming MACS is a sole proprietorship, how do these transactions affect Mac's taxable income for the year?
When the fair market value of the assets acquired in a business purchase exceed the purchase price, negative goodwill (also called badwill) arises. When negative goodwill arises, GAAP requires that it be allocated to.
Carbon Company has two classes of customers designated as C Classand D Class. Determine the profitability of each customer class using the activity information.
Change in estimated amount of ore to be mined from year one to year 2. year 1 is 400000 and year 2 is 487500 tons. mined 50000tons in first year and mined 80,000 tons second year of which 60000 tons sold residual or salvage value of the land is $1..
Determine the stockholders' equity of Camp bell soup as of July 31, 2005 If assets increased by $1,094and liabilities increased by $596, what was the increase of decrease in stockholders' equity for the year ending July 30,2006?
Calculate the Present Value of a terminal investment that has the following features. show all your work
company manufactures a product that sells for 1.75 per unit. management recently finished analyzing the results of the
as an investor you are considering buying stock in a relatively new company. medical horizons inc. has been in
In your opinion, discuss the most important principles in provider profiling in health plans.
research relevant databases to identify important recent developments within frances accounting profession including
Mire Corporation staffs a helpline to answer questions for customers. The costs of operating the helpline are variable with respect to the number of calls in a month.
espresso express operates a number of espresso coffee standsin busy suburban malls. the fixed weekly expense of a
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