Professional Documents
Culture Documents
Income Statement
For the Year Ended December 31, 1982
Revenue from patient fees
Other revenue
Total Revenue
Expense:
Program services
Utlities
Laboratory
General and administrative
Total expenses
Surplus (deficit)
$
$
$
$
$
$
$
690,900
10,000
700,900
$
$
724,000
(23,100)
470,000
20,000
50,000
184,000
Number of
patient visits
Other
Total
Department
Pediatrics
Family Planning
Adult medicine
Nursing
Mental Health
Social Services
Community health
5000
10000
2100
4000
1400
1500
2500
$40,000
$10,000
$60,000
$54,000
$30,000
$64,000
$10,000
$16,000
$30,000
$32,000
$12,000
$16,000
$16,000
$20,000
$56,000
$40,000
$92,000
$66,000
$46,000
$80,000
$30,000
Dental
Subtotal
6400
32900
$40,000
$308,000
$20,000
$162,000
$60,000
$470,000
Administration
Rent
Utilities
Laboratory Work
Cleaning
Recordkeeping
Total
76,000.00 $
$
$
32,000.00 $
$
14,000.00 $
$430,000.00 $
4,000.00
72,000.00
20,000.00
18,000.00
12,000.00
$
$
$
$
$
80,000.00
72,000.00
20,000.00
50,000.00
12,000.00
6,000.00 $
294,000 $
20,000.00
724,000
32900
($724,000 / 32900)
$22
1000
1300
1800
300
1000
500
1100
1000
500
300
1200
10000
Laboratory Usage
(hrs. lyr.)
1000
200
2400
100
100
200
4000
Pediatrics
Family
Planning
1000
1000
5000
1300
200
10000
$40,000
$16,000
$56,000
$10,000
$30,000
$40,000
Floor Space
Floor Space
Floor Space
$7,200
$2,000
$1,200
$66,400
$9,360
$2,600
$1,560
$53,520
Salary
Usage
No. of Patients
Working Note 1
Bachelor's Degree
2 MSW's
$9,627
$17,545
$4,026
$9,000
$2,667
$4,000
$2,407
$3,509
$8,052
$9,000
$2,667
$4,000
Total Costs
$113,265
$83,154
$22.65
$8.32
General Information
Floor Space (in sq. ft)
Laboratory Usage (Hrs/Year)
Number of Patient visits
Direct Costs
Salaries
Other Costs
Total Costs after allocation
Appropriation of Cost
Rent
Utlities
Cleaning
Total Cost after Appropriation
Reappropriation of Cost
Administration
Laboratory
Recordkeeping
Nursing
Social Service
Social Service
Adult
medicine
Nursing
Mental
Health
Social
Services
Community
health
Dental
1800
2400
2100
300
100
4000
1000
500
1500
1000
200
6400
300
1400
1100
100
2500
$60,000
$32,000
$92,000
$54,000
$12,000
$66,000
$30,000
$16,000
$46,000
$64,000
$16,000
$80,000
$10,000
$20,000
$30,000
$40,000
$20,000
$60,000
$14,000
$6,000
$20,000
$12,960
$3,600
$2,160
$110,720
$2,160
$600
$360
$69,120
$7,200
$2,000
$1,200
$56,400
$3,600
$1,000
$600
$85,200
$7,920
$2,200
$1,320
$41,440
$7,200
$2,000
$1,200
$70,400
$2,160
$600
$360
$23,120
$14,441
$42,109
$1,691
$18,000
$2,667
$4,000
$12,997
$1,755
$3,221
-$36,000
$2,667
$4,000
$7,220
$0
$1,127
$0
$2,667
$4,000
$15,403
$0
$1,208
$0
-$16,000
-$24,000
$2,407
$1,755
$2,013
$0
$2,667
$4,000
$9,627
$3,509
$5,153
$0
$0
$0
$3,369
$0
-$26,489
$193,627
$57,758
$71,414
$61,811
$54,281
$88,689
$0
$92.20
$14.44
$51.01
$41.21
$21.71
$13.86
Recordkeeping
Laboratory
Work
Administration
Rent
1200
500
10000
4000
$32,000
$18,000
$50,000
$76,000
$4,000
$80,000
$8,640
$2,400
$1,440
$62,480
$3,600
$1,000
$600
$85,200
$7,702
-$70,182
-$85,200
$0
$0
$72,000
$72,000
Utilities
Cleaning
$20,000
$20,000
$12,000
$12,000
-$72,000
-$20,000
$0
$0
-$12,000
$0
Answer to Question 2:
This method that was used by the accountant not good enough as the charges of treating the patients for all departments should
Each department has a different level of complex and varied costs as such each department's patient should also be charged diff
Through the implemented step down method, the center can now have better details about total costs for each department and c
Department
Pediatrics
Family
Planning
Adult
medicine
Nursing
Mental
Health
Social
Services
Community
health
Dental
The per visit costs is lowest for Family Planning Department and highest for Adult Medicine.
Before this analysis, RHHC has been charging uniform prices for all patients which is inaccurate and does not properly account
RHHC should apply this method of costing so that they can charge more accurate fees to the patients.
d does not properly account for the cost incurred by each department.