Examined the attributes of leadership for graduate level nurses.
July 2, 2019
Application of concept analysis findings to advanced practice nursing
July 2, 2019

What is the total cost of the stay of patient Fred Adams?

Please explain answers, so I know how to do the problem. Thank you.

Job Order Costing

Cowley County Hospital uses a job-costing system for all patients who have surgery. In March, the pre-operating room (PRE-OP) and operating room (OR) had budgeted allocation bases of 4,000 nursing hours and 2,000 nursing hours, respectively. The budgeted nursing overhead charges for each department for the month were $168,000 and $132,000, respectively. The hospital floor for surgery patients (In-Room) had budgeted overhead costs of $1,200,000 and 15,000 nursing hours for the month. For patient Fred Adams, actual hours incurred were eight and four hours, respectively, in the PRE-OP and OR rooms. He was in the hospital for 4 days (96 hours). Other costs related to Adams were:

                                         PRE-OP                  OR                   In-room

                                         Costs                    Costs                  Costs

Patient medicine               $ 200                    $ 500                  $2,400

Direct nursing time           $1,000                  $2,000                 $3,000

The hospital uses a budgeted overhead rate for applying overhead to patient stays.

Required:

What is the total cost of the stay of patient Fred Adams?

Part 1: Rates

a.) Nursing overhead rate PRE-OP

b.) Nursing overhead rate OR         

c.) Overhead rate for surgery floor

Part 2: Patient Cost

Patient Fred Adams:

                                                 PRE-OP            OR                 In-room                Totals

Patient medicine                    

Direct nursing time               

Nursing overhead:

PRE-OP

OR

In-room

TotalView less ยป

 
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Leave a Reply