Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. general hospital uses a job-costing system for all

General Hospital uses a job-costing system for all patients. In March the Critical Care and...

60.1K

Verified Solution

Question

Accounting

  1. General Hospital uses a job-costing system for all patients. In March the Critical Care and Special Care facilities had cost allocation bases of 4,000 nursing days and 3,000 nursing days, respectively. The nursing care charges for each department for the month were $2,106,000 and $1,500,000, respectively. The General Care area had costs of $2,700,000 and 7,500 nursing days for the month.

Patient Jim Hansen spent 5 days in Critical Care, 4 days in Special Care and 21 days in General Care during March.

Required:

a. Determine the cost allocation rate for each department.

b. What are the total charges to Mr. Hansen if he was in the facility the entire month of March?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students