Basic information is given below:
|
Nursing
|
Genl. Admn.
|
Medicine
|
Surgery
|
|
Costs ($)
|
360,000
|
180,000
|
400,000
|
1,200,000
|
|
Service from Nursing (%)
|
-
|
10
|
40
|
50
|
|
Service from Genl. Admn.(%)
|
20
|
-
|
40
|
40
|
|
# of Patients
|
-
|
-
|
750
|
500
|
Instructions
Using the direct method, compute the cost per patient in Medicine and Surgery
Repeat 1 above, using the Step method, and allocating Nursing costs first