1. A hospital outpatient clinic occupying a 60,000 foot building has an annual d
ID: 2666802 • Letter: 1
Question
1. A hospital outpatient clinic occupying a 60,000 foot building has an annual depreciation expense for the structure of $1,000,000. The clinic laboratory occupies 20% of the structure. The $200,000 depreciation expense for the lab annual budget is classified as:a. direct and fixed
b. direct and variable
c. indirect and fixed
d. indirect and variable
2. Revenue per unit is $200, variable cost per unit is $100 and total fixed costs are $200,000. The breakeven in units is
a. 2,000
b. 1,000
c. 2
d. cannot be determined from the above information
3. A for-profit nursing home has beginning of period earning os $50,000. Net income for the period totals $50,000 and dividends declared during the period total $10,000. The balance sheet total for retained earnings will be what amount?
a. $100,000
b. $75,000
c. $90,000
d. $130,000
4. Which of the following measures is not used directly as one of the means of determining the reasonableness of a hospital's charges?
a. Patient Demographics
b. ROI
c. Costs
d. Investment level
Explanation / Answer
1. A hospital outpatient clinic occupying a 60,000 foot building has an annual depreciation expense for the structure of $1,000,000. The clinic laboratory occupies 20% of the structure. The $200,000 depreciation expense for the lab annual budget is classified as
a. direct and fixed
2. Revenue per unit is $200, variable cost per unit is $100 and total fixed costs are $200,000. The breakeven in units is
BEP = total fixed costs/( Revenue per unit - variable cost per unit)
= 200000/(200-100)
= 200000/(100)
= 2000
a. 2,000
3. A for-profit nursing home has beginning of period earning os $50,000. Net income for the period totals $50,000 and dividends declared during the period total $10,000. The balance sheet total for retained earnings will be what amount?
beginning of period
$50,000
Add
Net income for the period totals
$50,000
Total
$100,000
Less
dividends declared during the period
$10,000
Total
$90,000
c. $90,000
4. Which of the following measures is not used directly as one of the means of determining the reasonableness of a hospital's charges?
a. Patient Demographics
beginning of period
$50,000
Add
Net income for the period totals
$50,000
Total
$100,000
Less
dividends declared during the period
$10,000
Total
$90,000
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