Is the cafeteria in a hospital a support department or revenue generating department? Explain.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
A cafeteria in a hospital can be both a support department and a revenuegenerating departm...View the full answer
Answered By
Madhvendra Pandey
Hi! I am Madhvendra, and I am your new friend ready to help you in the field of business, accounting, and finance. I am a College graduate in B.Com, and currently pursuing a Chartered Accountancy course (i.e equivalent to CPA in the USA). I have around 3 years of experience in the field of Financial Accounts, finance and, business studies, thereby looking forward to sharing those experiences in such a way that finds suitable solutions to your query.
Thus, please feel free to contact me regarding the same.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
Question Posted:
Students also viewed these Managerial Accounting questions
-
The cafeteria in a building offers three different lunches. The demands for the three types of lunch on any given day are independent and Poisson distributed with means 4.85, 12.70, and 27.61. The...
-
The Cardiac Care Department at St. Andrews General Hospital has a capacity of 70 beds and operates 24 hours a day year-around. The measure of activity in the department is patient-days, where one...
-
A housekeeping support department budgets its costs at $40,000 per month plus $12 per hour. For November the following were the estimated and actual hours provided by the housekeeping support...
-
JDBC applications are made of two models: two-tier and three-tier model. (True/False)
-
The formula for the area of a triangle is base height. What is the area of a triangle in square centimeters if its base is 1.007 m and its height is 0.665 m? Express the answer to the proper...
-
McCabe Corporation is expected to pay the following dividends over the next four years: $15, $11, $9, and $2.95. Afterward, the company pledges to maintain a constant 4 percent growth rate in...
-
A single acting reciprocating pump delivers 45 m3/h of water against a total head of 25 m. The pump speed is 90 rpm. If slip is 5%, calculate (a) volume of cylinder in litres, and (b) power...
-
The American supply and demand curves for potatoes cross at $5 a pound, but potatoes are available in any quantity from abroad at $2 a pound. Each week, American sellers produce 500 pounds of...
-
Suppose that the Forward price of the ABC stock is 100. A call option on ABC with exercise price 100 is trading at $24 and a put option with the same exercise price is trading at $18. All are with...
-
Write a program that will take as input two Web page URLs and find a path of links from one to the other. What is an appropriate search strategy is bidirectional search a good idea? Could a search...
-
Sometimes it is more appropriate to use actual support cost allocations, but at other times it is better to use estimated allocations. Explain when each type of allocation is more appropriate.
-
A factory averages total employment of 700 people. The administrative department averages 150 people. The company operates a cafeteria with capacity to serve all employees. The cafeterias monthly...
-
What is direct digital control (DDC), and why is it no longer used in industrial process control applications?
-
You are a U.S. investor who is trying to calculate the present value of a 19 million cash inflow that will occur one year in the future. The spot exchange rate is S = $1.345/;; and the forward rate...
-
Access https://www.mtholyoke.edu/sites/default/files/datawarehouse/docs/dwprojectprocessanddocumentation.pdf. Analyzing the comprehensive Scope Statement for the data warehousing project, what...
-
Define the term quantitative easing.
-
Explain how the Feds open market operations result in expansionary or contractionary policies.
-
Clearly explain the dynamics involved in the policy that the financial press referred to as Operation Twist.
-
Robert Jourdan, a portfolio manager, has just valued a 7% annual coupon bond that was issued by a French company and has three years remaining until maturity. The bond is callable at par one year and...
-
The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...
-
Rank clouds classified as alto, cirro, and stratus according to their altitude, from highest to lowest.
-
Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls. Information regarding the usage of steel and...
-
The standard cost card for a product shows that the product should use 4 kilograms of material B per finished unit and that the standard price of material B is $4.50 per kilogram. During April, when...
-
The Porter Company has a standard cost system. In July the company purchased and used 22,500 pounds of direct material at an actual cost of $53,000; the materials quantity variance was $1,875...
-
A scuba diver is exploring a shipwreck at a depth of 30 meters in the ocean. The diver's tank contains 5.0 moles of compressed air at a temperature of 25C. What is the pressure of the air in the tank...
-
1. Determine the atmospheric pressure at a location where the barometric reading is 720 mm Hg. 2. A pressure gauge connected to a tank reads 52 psi at a location where the barometric reading is 29.6...
-
Assume that a bond has an annual coupon rate of 6.80 percent, but makes coupon payments on a semi-annual basis, has a par value of $1,000, a yield to maturity of 7.20 percent, and a current price of...
Study smarter with the SolutionInn App