Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits 8,500Budgeted variable overhead costs: Supplies (@$4.70 per patient-visit)$39,950 Laundry (@$7.80 per patient-visit) 66,300Total variable overhead cost 106,250Budgeted fixed overhead costs: Wages and salaries 50,150 Occupancy costs 84,150Total fixed overhead cost 134,300Total budgeted overhead cost$240,550?The total overhead cost at an activity level of 9,200 patient-visits per month should be:
A. $249,300
B. $240,550
C. $260,360
D. $250,070
Answer: A
You might also like to view...
Deon is opening a car wash, and he has approached SCORE, an SBA organization that assists small-business owners in setting up their companies. As a new business owner, the SCORE counselors would probably advise Deon to
A. learn from experience, the best teacher, rather than a mentor. B. avoid developing a business plan the first year of business. C. try new things regardless of the risk. D. get a new perspective by asking people who have failed. E. write a business plan.
Identify the four Ms of the inputs in workflow analysis.
What will be an ideal response?
France, Italy, and Germany boast sophisticated marketing systems and are three good examples of ________
A) preindustrial countries B) least developed countries (LDCs) C) developing countries D) developed countries E) BRIC countries
On January 1, 20xx, Swenson Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $20.00 per share. On February 1, 20xx, Swenson purchased 2,000 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on March 1, 20xx. The journal entry to record the purchase of the
treasury shares on February 1, 20xx, would include a A) credit to Treasury Stock for $48,000. B) debit to Treasury Stock for $48,000. C) debit to a loss account for $6,000 D) credit to a gain account for $6,000.