Lm Quiz HCM 416 Chapter 6Chapter 6 Homework X C Chegg Study

Lm Quiz: HCM 416: Chapter 6Chapter 6- Homework X C Chegg Study | Guided Solut ? ? O file:///C:/Users/Lisha2014/AppData/Local/Packages/Microsoft.MicrosoftEdge 8wekyb3d8bbwe/Te To see favorites here, select ? then ?, and drag to the Favorites Bar folder. Or import from another browser. Import favorites Use the following information for problems #1-6. St. Benedict\'s Hospital has three support departments and four patient services departments. The direct costs to each of the support departments are as follows General Administration Facilities Financial Services S2,000,000 5,000,000 S3,000,000 Selected data for the three support and four patient services departments are shown below DepartmentPatient Services Space HousekeepingSalary Revenues(square feet) Labor HoursDollars Support 2,000 1,500,000 General Administration Facilities Financial Services 10,000 20,000 15,000 45,000 5,000 S 3,000,000 3,000 2,000,000 Total 10,000 6,500,000 Patient Services Routine Care Intensive Care Diagnostic Services Other Services S 30.000,000 S4,000,000 $ 6,000,000 $ 10.000,000 S 50.000,000 400,000 40,000 60,000 100,000 600,000 645,000 150,000 12,000,000 30,000 5,000,000 15,000S6,000,000 25.000 7,000,000 220,000 S 30,000,000 230,000 S36,500,000 Total Grand Total 50,000,000 7:46 AM 7/9/2018 23

Solution

#5) Patient Services Routine care Intensive care Diagnostic service Other services Total Indirect allocation : General administration (allocaion) - A             600,000           250,000                  300,000             350,000           1,500,000 General administration - using salary dollars (Total general administration cost/ Routine care salary dollars * Total salary dollars)        12,000,000        5,000,000               6,000,000          7,000,000        30,000,000 Facilities - B            2,045,455           409,091                  204,545             340,909           3,000,000 Facilities - Housekeeping labour hours (Total general administration cost/ Routine care Housekeeping labour hours * Total Housekeeping labour hours)              150,000              30,000                     15,000                25,000              220,000 Financial Services - C          1,200,000           160,000                  240,000             400,000           2,000,000 Facilities - Revenue         30,000,000         4,000,000                6,000,000         10,000,000         50,000,000 Total Allocation [ A + B + C]           3,845,455            819,091                   744,545          1,090,909           6,500,000 #6) Patient Services Routine care Intensive care Diagnostic service Other services Total Indirect allocation : General administration (allocaion) - A             600,000           250,000                  300,000             350,000           1,500,000 General administration - using salary dollars (Total general administration cost/ Routine care salary dollars * Total salary dollars)        12,000,000        5,000,000               6,000,000          7,000,000        30,000,000 Facilities - B            2,045,455           409,091                  204,545             340,909           3,000,000 Facilities - Housekeeping labour hours (Total general administration cost/ Routine care Housekeeping labour hours * Total Housekeeping labour hours)              150,000              30,000                     15,000                25,000              220,000 Financial Services - C             480,000           200,000                  240,000             280,000           1,000,000 Facilities - Revenue         30,000,000         4,000,000                6,000,000         10,000,000         50,000,000 Financial Services - D * Out of 2,000,000 of total facilities, considering 1,000,000 as payrolll cost             400,000     166,666.67            200,000.00       233,333.33           1,000,000 Facilities - using salary dollars (Total general administration cost/ Routine care salary dollars * Total salary dollars)        12,000,000        5,000,000               6,000,000          7,000,000        30,000,000 Total Allocation [ A + B + C + D]           3,525,455        1,025,758                   944,545          1,204,242           6,500,000