Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases:ActivitiesAllocated Costs Allocation Base$72,000Account inquiry (hours)Account biling (lines)Account verification (accounts)Correspondence (letters)The above activities are carried out at two of its regional offices.2,000 hours$30,00015,000 lines$16,00021,000 accounts$12,0001,600 lettersActivitiesNortheast Office Midwest Office140 hoursAccount inquiry (hours)Account billing (lines)Account verification (accounts) 1,300 accountsCorrespondence (letters)250 hours12,000 lines7,000 lines700 accounts40 letters130 lettersWhat is the cost per line for the account billing activity? (Round your answer to the nearest cent.)O A. $36.00B. $4.80C. $15.00D. $2.00

Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases: Activities Allocated Costs Allocation Base Account inquiry (hours) Account biling (lines) Account verification (accounts) S72,000 $30,000 $16,000 2,000 hours 15,000 lines 21,000 accounts 1,600 ietters The above activities are carried out at two of its regional offices. Correspondence (letters) $12,000 Activities Northeast Office Midwest Office Account inquiry (hours) Account billing (lines) Account verification (accounts) 1,300 accounts Correspondence (letters) 140 hours 250 hours 7,000 lines 12,000 lines 700 accounts 40 letters 130 letters What is the cost per line for the account biling activity? (Round your answer to the nearest cent.) OA $36.00 B. $4.80 C. $15.00 D. $2.00

Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases: Activities Allocated Costs Allocation Base Account inquiry (hours) Account biling (lines) Account verification (accounts) S72,000 $30,000 $16,000 2,000 hours 15,000 lines 21,000 accounts 1,600 ietters The above activities are carried out at two of its regional offices. Correspondence (letters) $12,000 Activities Northeast Office Midwest Office Account inquiry (hours) Account billing (lines) Account verification (accounts) 1,300 accounts Correspondence (letters) 140 hours 250 hours 7,000 lines 12,000 lines 700 accounts 40 letters 130 letters What is the cost per line for the account biling activity? (Round your answer to the nearest cent.) OA $36.00 B. $4.80 C. $15.00 D. $2.00

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 7QAP

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Required information Milford Industries provides medical equipment to oncology and surgical units in major hospitals. Milford allocates indirect costs to five departments and redistributes the IDC for Quality Assurance and Engineering to the other three departments monthly. The table summarizes IDC allocation and direct labor (DL) hours for one month. Department Production Subassemblies Final assembly Quality assurance Engineering IDC Allocation, $ 30,000 20,000 10,000 8,500 26,000 Determine the indirect cost rate. The indirect cost rate is $ Actual DL Hours 550 NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. 42 per hour. 1050 650
Pitt Jones Company had the following activities, allocated costs, and allocation bası Activities Account inquiry (hours) $60,000 Account billing (lines) $30,000 Account verification (accounts) Correspondence detters) All ocated Costs: Allocation Base 2,000 hours 20,000 lines 20,000 accounts $15,000 $10,000 1,000 le tters The above activities are used by departments P and Q: Department P 100 hours 10,000 lines Account verification (accounts) 1,000 accounts 50letters Department Q 200 hours 7,000 lines 600 accounts 100 letters Account inquiry (hours) Account billing (lines) Comespondence (le ters) What is the cost per driver unit for the correspondence activity? $10.00 $30.50 $25.00 $.75
Eide? Company, a manufacturer of small? appliances, had the following? activities, allocated? costs, and allocation? bases: Activities Allocated Costs Allocation Base 2,700 hours Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) S80,000 $31,000 20,000 lines 23,000 accounts 1,000 letters $13,000 $10,000 The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) 140 hours 250 hours 14,000 lines 1,500 accounts 30 letters 8,000 lines 600 accounts 140 letters What is the cost per account for the account verification? activity? (Round your answer to the nearest? cent.)
\table[[\table[[Output], [per], [Month]], Price, \table[[Total], [Revenue]], Total Cost,Total Profit, \table [[Marginal], [ Revenue** Output per Month Price 0 $1,000 100 Total Revenue $0 1,000 100,000 Total Cost Total Profit Marginal Revenue* Average Revenue* Profit per Cost Total Cost Unit (Price - ATC) $60,000 -$60,000 90,000 10,000 $1,000 $300 $900 $100 200 1,000 200,000 130,000 70,000 1,000 400 650 350 300 1,000 300,000 180,000 120,000 1,000 500 600 400 400 1,000 400,000 240,000 160,000 1,000 600 600 400 500 1,000 500,000 320,000 180,000 1,000 800 640 360 600 1,000 600,000 420,000 180,000 1,000 1,000 700 300 700 1,000 700,000 546,000 154,000 1,000 1,260 780 220 800 1,000 800,000 720,000 80,000 1,000 1,740 900 100 900 1,000 900,000 919,800 -19,800 1,000 1,998 1,022 -22 "Note that output levels are calibrated in hundreds in this example; that's why we have divided the change in total costs and revenues from one output level to another by 100 to calculate marginal revenue and marginal…
provide analysis & computation
Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200 $1,700 $1,200 $2,900 300 $1,700 $2,700 $4,400 400 $1,700 $5,200 $6,900 500 $1,700 $9,000 $10,700 600 $1,700 $15,000 $16,700 700 $1,700 $23,800 $25,500 800 $1,700 $36,800 $38,500 900 $1,700 $55,800 $57,500 1,000 $1,700 $83,000 $84,700 Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order? At what quantity of bags will profits be maximized? A Use the profit maximizing rule, MR ≥ MC, buy 300 bags. B Use the profit maximizing rule, MR ≥ MC, buy 200 bags. C Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 300. D Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 200.
If accounting profits are $6000 and explicit cost are $2200 Calculate total revenue
1. Calculate a breakeven point Selling price per unit $ 17 Fixed expenses Selling & administrative Interest expense $ 130,000 $10,000 Variable expenses Cost of goods sold Selling & administrative $ 4 $ 3
IceLess is an anti-icing solution sold in gallon plastic jugs. It is poured into the windshield washer bottle of your car. Wash your windshield and the solution prevents the glass from icing over for about four hours. Production incurs the following fixed and variable costs. It is priced initially at $5.50 per gallon. 1. Fixed costs (per year) Rent Utilities Managerial salaries Flammability permit Other fixed expense Total fixed $18000 13200 20000 12000 2400 $65600 Variable Costs per gallon Glycol FreezeFree 312 Mfg labor Packaging Inert ingredients Advertising Total $1.50 .50 .20 .20 .60 .30 $3.30 What is the annual breakeven production quantity (use above data, show work)? 2. What revenue would the sale of the breakeven quantity for $5.50 per gallon generate? 3. The production department says 29000 gallons is its maximum production capability. Management insists on earning $94400 above fixed costs. All costs are as given initially. What price must be charged per gallon if only 29000…
Bags/Participants Fixed Cost Variable Cost Total Cost $1,700 $- $1,700 100 $1,700 $500 $2,200 200 $1,700 इ1,200 $2,900 $1,700 $2,700 $4,400 300 $1,700 $5,200 $6,900 400 $1,700 $9,000 $10,700 500 $16,700 $1,700 $15,000 600 $1,700 $23,800 $25,500 700 $36,800 $38,500 $1,700 800 $55,800 $57,500 $1,700 900 $84,700 $83,000 $1,700 1,000 Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order? At what quantity of bags will profits be maximized? Please select any/all correct answers: Using Qb = F/(MR - AVC) where Qb is the break even quantity, the event would break even at 283 bags. %3D O Using the profit-maximizing rule, MR 2 MC, the quantity of bags that will maximize profits is 200 bags. O Using the profit-maximizing rule, MR > MC, the quantity of bags that will maximize profits is 300 bags. O The break even quantity cannot be determined in this case. «< Question 2 of 9 A Moving to another question will save this…
How would I find D and E? (Not graded, read file name)
U.S. and international agencies provide policies andregulations to guide managers in product design,manufacturing/assembly, and disassembly/disposal.They include:a) U.N. Commission on Resettlement.b) World Health Organization (WHO).c) OSHA, FDA, EPA, and NHSA.d) EPA, ISO, and British High Commission.e) GHG Commission, UN, and ISO.