User Account

All Pages

What is the annual variable cost of department

Assignment Help Business Management
Reference no: EM132160260

As a manager of a small laboratory part of your efforts are to improve the profitability of your department.  It has become imperative that you know the current financial status of your department.  You have asked the CFO to provide you with current financial information about your department operations and financial status.

Allocated fixed costs = $285,000.00

Variable cost per procedure = $375.00

Annual volume = 550 procedures

Reimbursement per procedure = $850.00

Please answer the following questions:

a)  What is the annual variable cost of your department based on the information given?

b) What is the annual total cost in your department based on the information given?

c) What is the fixed cost per procedure based on the information given?

d) What is the total cost per procedure based on the information given?

e) What is the excess or loss of revenue based on the information given?

Reference no: EM132160260

Questions Cloud

Economic logic of actions : To maintain price floors on milk, the U.S. government has at times bought out and destroyed dairy herds from dairy farmers.
How the law and ethics intertwine in patient care : Explain how the law and ethics intertwine in patient care. Describe common medical errors relative to physician practice involving assessment, diagnosis.
What is ethical behavior : What is ethical behavior and what is not in regards to gathering information on a target without written consent? What biblical principles are applicable here
Discuss the issue of securing backups : There have been several incidents lately in which backup media containing personal customer information were lost or stolen.
What is the annual variable cost of department : a) What is the annual variable cost of your department based on the information given?
Consumer demand can result in large variations : Small changes in consumer demand can result in large variations in orders placed because of the. Economic Order Quantity models …………………
Discuss the technical skills required to have a csirt team : Discuss the technical skills required to have a CSIRT response team consisting of employees with other job duties?
Addresses everything in rfp and is within budget : Please use the lease analysis template to make sure your response addresses everything in the RFP and is within budget.
Production head at the canned juice : The production head at the canned juice unit of True Foods Inc. would frequently stay back after office hours and experiment with new fruit juice

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd