PLEASEEE ANSWER ALL!! thank you!! Product costing and decision analysis for a service company...
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PLEASEEE ANSWER ALL!! thank you!!
Product costing and decision analysis for a service company estimated activity costs and activity bases follow: During a portion of the year, Pleasant Stay collected patient information for three selected procedures, as follows: Private insurance reimburses the hospital for these activities at a fixed daily rate of $406 per patient day for all three procedures. Required: If required, round all per unit amounts to the nearest cent. 1. Determine the activity rates. 2. Determine the activity cost for each procedure. 3. Determine the excess or deficiency of reimbursements to activity cost. 4. Based on the determination of the excess or deficiency of reimbursement to activity cost, indicate which procedure cost is too high. 4. Based on the determination of the excess or deficiency of reimbursement to activity cost, indicate which procedure cost is too high. Hospital management has decided to further investigate the nursing effort. Determine the weighted care units per patient days for each procedure. Round to one decimal place. Procedure A weighted care units per patient day Procedure B weighted care units per patient day Procedure C weighted care units per patient day
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PLEASEEE ANSWER ALL!! thank you!!