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Health Co-op is an outpatient surgical clinic that wants to better understand its costs. It decides to prepare an activity-based cost analysis, including an estimate of the average cost of both general surgery and orthopedic surgery. The clinic Solution 1.Â Â average cost per patient = total cost/total patients = (2223000+38480+221400)/740=3,355.24 per patient 2. 3.Â Â total cost for General surgery = 3200*195 + 470*52+670*135=$738890 average cost per patient for the general surgery unit=738890/470=$1572.11 per patient .

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CHAPTER 4 Estimating Costs Introduction to managerial accounting Cost classifications Fixed versus variable Direct versus indirect (overhead) Cost behavior Cost allocation Activity-based costing Copyright 2009 Health Administration Press 4 - ‹#› Managerial Accounting There are two main areas of accounting: Financial Managerial Financial accounting involves creating financial statements to report the financial status of the overall business. These statements are used primarily by outsiders. Managerial accounting involves creating information for internal use in managerial decision making. This chapter focuses on managerial accounting. Copyright 2009 Health Administration Press 4 - ‹#› Cost Classifications Cost measurement is a critical part of managerial accounting. Unfortunately, there is no single definition of the term cost. Different costs are used for different purposes. Costs are classified in two major ways: By their relationship to volume By their relationship to the sub-unit being analyzed Copyright 2009 Health Administration Press 4 - ‹#› Is there a difference between a cost and an expense? Discussion Item Copyright 2009 Health Administration Press 4 - ‹#› Cost Behavior The relationship between costs and the volume of services provided is called cost behavior or underlying cost structure. If the underlying cost structure is known, managers can forecast costs at different levels of patient volume. In this context, costs may be fixed (independent of volume), or variable (dependent on volume). Copyright 2009 Health Administration Press 4 - ‹#› Cost Behavior (cont.) In the long-run, all costs are variable; hence, the fixed versus variable classification can hold only in the short-run—say, for one year. Also, no costs are fixed throughout an infinite range of volumes. Thus, the concept of cost classifications according to volume must be applied within some relevant range of patient volume. Copyright 2009 Health Administration Press 4 - ‹#› What are some examples of fixed and variable costs for a hospital’s clinical laboratory? Discussion Item Copyright 2009 Health Administration Press 4 - ‹#› Cost Behavior Example: Walk-In Clinic Variable Costs Per Visit Fixed Costs Per Year Clinical supplies $20 Facilities $30,000 Other supplies 5 Salaries 190,000 Variable cost rate $25 Overhead 80,000 $300,000 Total Fixed Variable Total Average Volume Costs Costs Costs Cost 1 $300,000 $ 25 $300,025 $300,025 100 300,000 2,500 302,500 3,025 200 300,000 5,000 305,000 1,525 1,000 300,000 25,000 325,000 325 5,000 300,000 125,000 425,000 85 10,000 300,000 250,000 550,000 55 25,000 300,000 625,000 925,000 37 Note: The rele.

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This two-day workshop supported the Government of Viet Nam in building the necessary capacity to advance its National Adaptation Plan (NAP) process. The workshop closely focused on building National Adaptation Plans in the agricultural sector through multi-stakeholder collaboration, and increased knowledge and capacity on a number of topics including: prioritization of adaptation options, cost-benefit analysis, overview of the broad-based nature of climate change adaption impacts, analysis of challenges, and creation of an open discussion with key stakeholders on defining a road-map for the NAP process. The workshop was delivered using discussions and case studies to enhance interactive learning for participants, with supporting presentations by GiZ and SNV.

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Rural Urgent Care Centers Business Plan I. Executive Summary II. Program Overview Location Services Other Professional Offerings Facility Operating Model III. Market Profile Market Overview Demand Forecasting IV. Financial Analysis Pro-Forma Income Statement for UCC (A “Week 11 Business Plan Excel Template” has been provided in the assignment instructions and in the Learning Resources). Year 1Year 2Year 3Year 4Year 5 Visits4,8825,1265,3825,6525,934 Revenue Per Visit$450$450$450$450$450 Gross Revenue Patient Reveue Gross Patient Revenue Deductions from Patient Revenue Contractual Total Deductions from Revenue Net Patient Revenue$0$0$0$0$0 Operating Expenses Salaries and Wages Employee Benefits Utilities Repair/Maintenance Housekeeping Telephone Service Depreciation Malpractice Miscellaneous/Other Variable Medical Supply Costs Other Non-Personnel Costs Total Operating Expenses Excess of Rev over Exp. From Operations$0$0$0$0$0 Cummulative Income$0$0$0$0$0 Net Cash from Excess Rev (excl Depreciation)$0$0$0$0$0 Cummulative Income Net Cash$0$0$0$0$0 Pro Forma Income Statement 2 Executive Summary, Overview, and Financial Data for Investment in the Rural Urgent Care Center I. Executive Summary Urgent care is the delivery of ambulatory care in a facility dedicated to the delivery of unscheduled, walk-in care outside of a hospital emergency department. Development of the Rural Urgent Care (RUC) facility in Sylacauga, Alabama will facilitate access to care providers through extended service hours within closer geographic proximity to patients, families, and caregivers. The Director of Emergency Services will provide clinical monitoring to ensure quality service provisions. The RUC facility will act to alleviate demand for emergency department (ED) services by shifting lower acute patients to a less resource-intensive environment. II. Program Overview: Market Opportunities and Utilization Patterns The RUC will provide treatment to patients suffering from non-life-threatening conditions that require quick attention, including bone fractures, pneumonia and flu, and minor lacerations. Since the late 1980s and early 1990s, hospitals have looked to facilities such as RUCs as a means to reduce rates of inappropriate ED utilization by triaging non-emergent patients to less acute settings. The ED is not the most appropriate care setting for many patients. Non-urgent patients account for well over 10 percent of the average ED’s caseload, and semi-urgent cases account for another 20 percent (refer to Figure 1) . At the other end of the acuity spectrum, most emergent patients would be better served in an inpatient unit, but many are forced to board in the ED because beds are unavailable. Year4,8825,1265,3825,6525,934 Month407427449471495 Week9499104109114 Day1314151616 Visit volume will increase by 5% each year Service AreaVisitsYear 1Year 2Year 3Year 4Year 5 Figure 1 Triaging patients to an appropriate site of care.

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Management Accounting Activity Based Costing vs Absorption Costing Table of Contents Budgeted Profit Statements 1 1.1 Absorption Costing 1 1.2 Activity Based Costing 3 1.3 Comments on the results 5 2.0 Discussion of the statement 6 References 9 0 2 1.0 Budgeted Profit Statements 1.1 Absorption Costing Traditional absorption costing involves the calculation of product cost, using direct and indirect variable costs and fixed and variable overheads, which are substituted over the complete production. Overhead cost substitution is based upon the process activity that drives the cost. Machine hours and assembly hours are two example activities that influence product development; overheads are allocated based upon the hours consumed in each department. The following table summarises the activity levels involved in the production process: Product Units Machine (Hours) Assembly (Hours) Setups Orders Suppliers XYI 50,000 100,000 350,000 120 8,000 3,000 YZT 40,000 200,000 120,000 200 8,000 4,000 ABW 30,000 120,000 60,000 200 16,000 4,200 Total 120,000 420,000 530,000 520 32,000 11,200 When the cost is allocated to each product, finding each product’s contribution towards overhead provides a clearer picture. The following table summarises the total contributions of the three products. Total Contribution Products Selling Price (£) (1) Cost Price (£) (2) Contribution (£) (3)= (1)-(2) Units (4) Total Contribution (5)= (3)x(4) XYI 45 32 13 50,000 650,000 YZT 95 84 11 40,000 440,000 ABW 73 65 8 30,000 240,000 The absorption rate on which the overhead cost is allocated to the products is also important in making the profit and loss statement. Since this involves two significant activities, the overhead is allocated over these two cost drivers. · O/H Absorption rate (Machine Hours) Overheads / machine hours = £504,000 / 420,000 = £1.20/hour · O/H Absorption rate (Assembly Hours) Overheads / assembly hours = £437,000 / 530,000 = £0.8245/hour Based upon absorption rates, the following table summarises the division of overhead costs over the three products. Machine Hours Assembly Hours Products Hours (1) Rate (2) Overheads (3)=(1)*(2) Hours (4) Rate (5) Overheads (6)=(4)*(5) Total O/H (7)=(3)+(6) XYI 100,000 1.20 120,000 350,000 0.8245 288,575 408,575 YZT 200,000 1.20 240,000 120,000 0.8245 98,940 298,940 ABW 120,000 1.20 144,000 60,000 0.8245 49,470 169,470 504,000 436,985 940,985 · Statement of Profit / (Loss) Using Absorption Costing Method Revenue XYI YZT ABW (1) Units 50,000 units 40,000 units 30,000 units (£) (£) (£) (£) (2) Sale Price 45 95 73 (3) Cost Price 32 84 65 (4) Contribution (2) – (3) 13 11 8 Total Contribution (4) * (1) 650,000 440,000 240,000 1,330,000 Overheads * (408,575) (298,940) (169,470) (940,985) Net Profit 241,425 101,060 46,530 389,015 1.2 Activity Based Costing The focus of activity based costing is upon departmentalizing overheads cost; this cost can be attributed to th ...

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Hello, please use EULERS METHOD to solve and graph this. Please show *FULL* work. Thank you I = Infected poplulation S = Suscepitble population Betta and alpha are constants. transmission rate of the virus is Beta constant. Recovery rate of virus is alpha constant. alpha = 1.25 Gamma = 0.4 S(0) = 0.88 I(0) = 0.12 Step size = 0.25 Solution import java.text.DecimalFormat; public class euler { public static void main(String[] Leonhard) { DecimalFormat df = new DecimalFormat(\"#.0000\"); double h = (1.0/3.0); // h is the step-size double t_0 = 0; // initial condition double x_0 = .3; // initial condition double x_f = 10; // I want to find x(10) using this method and compare it to an exact value of x(10) double[] t_k; t_k = new double[ (int)( ( x_f - x_0 ) / h ) + 1 ] ; // this two arrays hold the values of x_k and t_k double[] x_k; x_k = new double[ (int)( ( x_f - x_0 ) / h ) + 1 ] ; int i; // the counter System.out.println( \"k\\t t_k\\t x_k\" ); // table header for ( i = 0; k < (int)( ( x_f - x_0 ) / h ) + 1; i++ ) { if ( i == 0 ) // this if statement handles the initial conditions { t_k[i] = t_0; x_k[i] = x_0; } else if ( i > 0 ) { t_k[i] += i*h; x_k[i] = x_k[i-1] + h*( Math.exp(t_k[i-1]))*(Math.sin(x_k[i-1]) ); } System.out.println( k + \" \" + df.format(t_k[i]) + \" \" + df.format( x_k[i]) ); } } } .

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he above pictures best represents a solid lonic A) picture (a) B) picture (b) C)picture Ic l picture (d) 3) Which contains both covalent bonds and lonic bonds? A) HBr B) Li 4) A reactive element with a relatively high electronegativfty would be expected to have a reletively A) small negative electron affinity and a relatiwely low ionization energy- B) small negative electron affinity and a reletively righ lonitation energy. C) large negative electron affinity and a relatively low lonization energy. D) large negative electron affinity and a relatively high ionization energy Est IGF ONLY Solution Solved the first problem as per Chegg guidelines, post multiple question to get the remaining answers Q2) Correct answer is Option C (picture (c)) Reason: The ionic bond is formed when two elements with high electronegativity difference form a bond which result in the formation of + charge on cation and - charge on anion Picture A and B contains only one type of atoms/element, hence it cannot form ionic bond with itself Picture D has two types of atom/element, but far spread like gases, generally ionic compounds are solid in nature .

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Heidi Design acquired 20% of the outstanding common stock of Quigly Company on January 1, 2014, by paying $800,000 for the 30,000 shares. Quigly declared and paid $0.30 per share cash dividends on March 15, June 15, September 15, and December 15, 2014. Quigly reported net income of $320,000 for the year. At December 31, 2014, the market price of Quigly common stock was $34 per share. Instructions (b) Prepare the journal entries for Heidi Design for 2014, assuming Heidi Design can exercise significant influence over Quigly. Use equity method. HINT: Revenue from stock investments $64,000. Solution the revenue from dividend is =30,000X0.3= $9000 and 4 times paid, so total dividend= 9000*4= $36,000 and the net income at the date 31,Dec 2014 is $320,000. if you divide it per share, it will be: total shares are= 150,000 (i.e. when 20% shares are 30,000 in number, total shares are 150,000) 320,000/150,000= $2.133 and total apreciation can be $64,000 (2.133*30,000) .

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Heidi Design acquired 20% of the outstanding common stock of Quigly Company on January 1, 2014, by paying $800,000 for the 30,000 shares. Quigly declared and paid $0.30 per share cash dividends on March 15, June 15, September 15, and December 15, 2014. Quigly reported net income of $320,000 for the year. At December 31, 2014, the market price of Quigly common stock was $34 per share. Instructions (a) Prepare the journal entries for Heidi Design for 2014 assuming Heidi Design cannot exercise significant influence over Quigly. (Use the cost method and assume that Quigly common stock should be classified as a trading security). HINT: Total divident revenue $36,000 Solution Declaration of Dividend on 31st march2014 Declaration of Dividend on 30thÂ Â June 2014 Declaration of Dividend on 30th Sep 2014 Declaration of Dividend on 31st dec 2014 Dividend Amount = 30000x 0.03 = 9000 9000x3/12 = $2250 .

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Halogens tend to have high: I. electronegativities II. solublity in aqueous solution III. ionization energies IV. degrees of reactvity choose all that apply Solution --> Halogens are highly electronegativity because after taking one electron they can fulfill their orbital and become stable --> they are less soluble in aquous solution because they are non-polar. They are highly soluble in organic solvent. --> they have high ionization energy. --> due to high electronegativity they have high reactivity. So overall Halogens are highly electronegative, ionization energy and degree of reactivity. If you satisfied with the solution please like it.. thanks.. .

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Harris Fell, CPA and member of the AICPA, was engaged to audit the financial statements of Wilson Corporation. Fell had half-completed the audit when he had a dispute with the management of Wilson Corporation and was discharged. Hal Compton, CPA, was promptly engaged to replace Fell. Wilson Corporation did not compensate Fell for his work to date; therefore, Fell refused to allow Wilson Corporationâ€™s management to examine his working papers. Some of the working papers consisted of adjusting journal entries and supporting analysis. Wilson Corporationâ€™s management had no other source for this information. Did Fell violate the AICPA Code of Professional Conduct ? Explain fully. Remember to complete all parts of the problems. Do not forget to show the necessary steps and explain how you attained that outcome Solution It is apparent from the cae that Fell was dismissed and replaced rather quickly due to disagreement with managemnt .Wilson co. replaced him with Hal Compton, but Fell had not been paid for the work he had performed on the audit to date.Due to Fell\'s dismissal and Wilson co\'s did not compensate ,they were not given access to Fell\'s paperwok. I believe that Fell is not conforming to the AICPA\'s code of professional conduct.If Wilson Co. had still not paid Fell after a certain amount of time then he could have taken the appropirate actions to be paid for services rendered. Most companies do not pay for services as soon as task is completed . A company has a certain amount of time to pay thier bill before it goes int default .Fell shpuld have made his findings avialable to his repalacement and the Wilson Co. immediately as a show of professional and ethical courtsey .

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Gwen and Paul are deciding how to split their time between writing music and lyrics for their new album. Their PPFs for 72 hours of work are shown below. . Gwen and Paul have to write music for 8 songs and lyrics for 12 songs (4 songs already have music). When they are done, they can go to a private island and relax from all their hard work. It is possible that they will use more than 72 hours. Once they start writing lyrics and music, assuming their hired help packs for them and their plane is waiting outside their door, in how many hours can they board the plane to their relaxing island getaway? Gwen will write music for ? Paul will write music for? Gwen will write lyrics for? Paul will write lyrics for? Solution Gwen will write Music For: 0 Songs (Because he has comparative advantage in Lyrics) Paul will write Music For: 8 Songs (Because he has comparative advantage in Music) Gwen will write Lyrics For: 12 Songs Paul will write Lyrics For: 0 Songs In 72 Hours Paul will write Music for 6 Songs, So average time required Per Song = 12 Hours In 72 Hours Gwen will write Lyrics for 9 Songs, So average time required Per Song = 8 Hours Extra Time Required will be: Paul: 12 x 2 = 24 Hours Gwen: 8 x 3 = 24 Hours So, an extra time of 24 Hours are required. Total time required will be 72 + 24 = 96 Hours So, after 96 Hours they can board the plane to their relaxing island getaway. Gwen will write Music For: 0 Songs Paul will write Music For: 8 Songs Gwen will write Lyrics For: 12 Songs Paul will write Lyrics For: 0 Songs .

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