Question: Answer the following in a word processor and save the document. Then upload the assignment for submission below. You are helping the Finance director of
Answer the following in a word processor and save the document. Then upload the assignment for submission below. You are helping the Finance director of a special project. He is attempting to determine the best method to allocate the Housekeeping department. He has narrowed his choices to two key statistics: 1 - Square Feet or 2 - Hours Spent in Each Clinical Area. Below is the pertinent data you will need to perform the allocation.
| Housekeeping Department Total Costs: | $250,000 |
| Total Square Feet: | 125,000 |
| Total Hours Spent: | 12,000 |
| What is the allocation Rate for: |
|
| Using Square Feet: |
|
| Using Hours: |
|
Allocate to the following Departments based on the provided statistics:
|
| Sq Ft | Hours |
| Medical Unit | 20,000 | 2, 000 |
| Cath Lab | 15,000 | 2, 000 |
| Surgery Department | 50,000 | 4, 000 |
| Radiology | 35,000 | 3, 000 |
| Lab | 5,000 | 1, 000 |
Based on your analysis, are there differences? Which method would you choose and why? (Please give a thoughtful answer).
Answer the following in a word processor and save the document. Then upload the assignment for submission below. You are helping the Finance director of a special project. He is attempting to determine the best method to allocate the Housekeeping department. He has narrowed his choices to two key statistics: 1 - Square Feet or 2 - Hours Spent in Each Clinical Area. Below is the pertinent data you will need to perform the allocation.
| Housekeeping Department Total Costs: | $250,000 |
| Total Square Feet: | 125,000 |
| Total Hours Spent: | 12,000 |
| What is the allocation Rate for: |
|
| Using Square Feet: |
|
| Using Hours: |
|
Allocate to the following Departments based on the provided statistics:
|
| Sq Ft | Hours |
| Medical Unit | 20,000 | 2, 000 |
| Cath Lab | 15,000 | 2, 000 |
| Surgery Department | 50,000 | 4, 000 |
| Radiology | 35,000 | 3, 000 |
| Lab | 5,000 | 1, 000 |
Based on your analysis, are there differences? Which method would you choose and why? (Please give a thoughtful answer).
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