Problem
Answer the following questions in a Word or Excel file and submit to Canvas. Show all work.
1. Management has studied work patterns in the housekeeping department and estimates the number of hours to be worked as follows. Hours worked = (1,500 per month) + (0.50 X RVUs). For the coming month, management expects relative value units (RVU) to be 5,800. What should budgeted labor for the month be?
2. Last year, the price for thermometer covers in a pediatrician's office was $0.05 each. This year, the covers cost $0.06 each. If the office purchased 10,000 thermometer covers this year, what is the price variance?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.