Using the direct method compute the cost per patient in


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

 

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Financial Accounting: Using the direct method compute the cost per patient in
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