What methods of cost allocation were used, Accounting Basics

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What methods of cost allocation were used

Stanley Children's Hospital reported an average cost per discharge of $6,500 for the quarter, with 300 discharges and an average revenue of $5,900 per discharge. What was Stanley's Revenue to Cost per Discharge ratio?

What methods of cost allocation were used?
How were cost centers determined?
How would fixed and variable costing differ in this situation?

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Accounting Basics: What methods of cost allocation were used

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Accounting Basics: What methods of cost allocation were used

Reference No:- TGS0681238

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Explain how accrual accounting differs from cash-basis

Q : Why action by usx was so well received by stock market

Q : Prepare the appropriate journal entries

Q : Test the efficacy of admissions or release

Q : What methods of cost allocation were used

Q : Probability that the patient suffers

Q : How much of the prize should hal include in his gross income

Q : How much need to save for investment in vehicle earning

Q : Expected value and standard deviation of propective winnings

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What methods of cost allocation were used

Reference No:- TGS0681238

Recent Questions Asked Accounting Basics

Q : Explain how accrual accounting differs from cash-basis

Q : Why action by usx was so well received by stock market

Q : Prepare the appropriate journal entries

Q : Test the efficacy of admissions or release

Q : What methods of cost allocation were used

Q : Probability that the patient suffers

Q : How much of the prize should hal include in his gross income

Q : How much need to save for investment in vehicle earning

Q : Expected value and standard deviation of propective winnings

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