Nancy Jackson owns and operates a home health care agency. She reported the following cost...
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Nancy Jackson owns and operates a home health care agency. She reported the following cost information for the first four months in 2019. Home Visits 13,000 18,000 23,000 28,000 Employee wages ? $ 342,000 $ 437,000 $ 532,000 Billing services ? $ 73,800 $ 93,800 $ 113,800 Medical supplies $ 117,000 $ 162,000 $ 207,000 ? Insurance ? $ 15,000 ? $ 15,000 Identify each of the following costs as fixed, variable, or mixed. Items Type of Cost Employee wages Mixed Cost Billing services Variable Cost Medical supplies Variable Cost Insurance Fixed Cost Calculate the missing values. (Round per visit hour to 2 decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 5,725.) Home Visits 13,000 18,000 23,000 28,000 Employee wages $ $ 342,000 $ 437,000 $ 532,000 Billing services $ $ 73,800 $ 93,800 $ 113,800 Medical supplies $ 117,000 $ 162,000 $ 207,000 $ Insurance $ 15,000 $ 15,000 $ 15,000 $ 15,000
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