To calculate PPD, divide the Monthly Cost by the number of patient days Monthly Cost = $16,356.00

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To calculate PPD, divide the Monthly Cost by the number of patient days

Monthly Cost = $16,356.00

Patient Days = 8550

PPD = 16356/8550 = $1.91

To calculate the hours per patient day, multiply the number of patient days by 24 hours and divide by the number of patients

8550(24) = 205,200/95 = 2160 hours per patient day.

Where did they get the number 8550 for the patient days? what is the formula for it.

Related Book For answer-question

Managerial Accounting

ISBN: 978-0134128528

5th edition

Authors: Karen W. Braun, Wendy M. Tietz

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Posted Date: Mar 20, 2023 01:00 AM

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To calculate PPD, divide the Monthly Cost by the number of patient days Monthly Cost = $16,356.00

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The number 8550 for the patient days is calculated as ... View the full answer

Managerial Accounting

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