Question
In: Operations Management
Which of the following is a fixed cost in operating a dental clinic? Materials needed for...
Which of the following is a fixed cost in operating a dental clinic?
Materials needed for procedures
Health insurance coverage of each patient
Advertising in the local newspaper
Cost of dental checkup per patient
Solutions
Expert Solution
Advertising in the local newspaper is a fixed cost in operating a dental clinic. Whereas the remaining ones can't be considered as a fixed cost in the context of operating a dental clinic.
keosha answered 2 years agoRelated Solutions
Dr. Armstrong performs a certain cosmetic dental procedure at her dentistry clinic. Her monthly fixed operating...
Dr. Armstrong performs a certain cosmetic dental procedure at
her dentistry clinic. Her monthly fixed operating costs are
$12,000, while her after-tax operating income is $8,000 when she
performs 200 such procedures in a month. Dr. Armstrong's before-tax
operating income is subject to a marginal tax rate of 60%.
Required:
a) What is the margin of safety percentage for Dr. Armstrong,
assuming she performs 200 procedures?
b) What is the degree of operating leverage for Dr. Armstrong,
again assuming she...
Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is...
Pletcher Dental Clinic is a medium-sized dental service
specializing in family dental care. The clinic is currently
preparing the master budget for the first 2 quarters of 2020. All
that remains in this process is the cash budget. The following
information has been collected from other portions of the master
budget and elsewhere.
Beginning cash balance
$32,400
Required minimum cash balance
27,000
Payment of income taxes (2nd quarter)
4,320
Professional salaries:
1st quarter
151,200
2nd quarter
151,200
Interest from investments...
Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is...
Pletcher Dental Clinic is a medium-sized dental service
specializing in family dental care. The clinic is currently
preparing the master budget for the first 2 quarters of 2020. All
that remains in this process is the cash budget. The following
information has been collected from other portions of the master
budget and elsewhere.
Beginning cash balance
$30,600
Required minimum cash balance
25,500
Payment of income taxes (2nd quarter)
4,080
Professional salaries:
1st quarter
142,800
2nd quarter
142,800
Interest from investments...
Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is...
Pletcher Dental Clinic is a medium-sized dental service
specializing in family dental care. The clinic is currently
preparing the master budget for the first 2 quarters of 2017. All
that remains in this process is the cash budget. The following
information has been collected from other portions of the master
budget and elsewhere.
Beginning cash balance
$33,030
Required minimum cash balance
27,525
Payment of income taxes (2nd quarter)
4,404
Professional salaries:
1st quarter
154,140
2nd quarter
154,140
Interest from investments...
Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is...
Pletcher Dental Clinic is a medium-sized dental service
specializing in family dental care. The clinic is currently
preparing the master budget for the first 2 quarters of 2017. All
that remains in this process is the cash budget. The following
information has been collected from other portions of the master
budget and elsewhere.
Beginning cash balance
$38,220
Required minimum cash balance
31,850
Payment of income taxes (2nd quarter)
5,096
Professional salaries:
1st quarter
178,360
2nd quarter
178,360
Interest from investments...
Exercise 21-19 Pletcher Dental Clinic is a medium-sized dental service specializing in family dental care. The...
Exercise 21-19 Pletcher Dental Clinic is a medium-sized dental
service specializing in family dental care. The clinic is currently
preparing the master budget for the first 2 quarters of 2017. All
that remains in this process is the cash budget. The following
information has been collected from other portions of the master
budget and elsewhere. Beginning cash balance $41,460 Required
minimum cash balance 34,550 Payment of income taxes (2nd quarter)
5,528 Professional salaries: 1st quarter 193,480 2nd quarter
193,480 Interest...
Glenn Dental Clinic provides general dental care to residents of Philadelphia on a walk-In basis.
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The Dinkle and Frizell Dental Clinic provides both preventive and orthodontic dental services. The two owners,...
The Dinkle and Frizell Dental Clinic provides both preventive
and orthodontic dental services. The two owners, Reese Dinkle and
Anita Frizell, operate the clinic as two separate investment
centers: Preventive Services and Orthodontic Services. Each of them
is in charge of one of the centers: Reese for Preventive Services
and Anita for Orthodontic Services. Each month, they prepare an
income statement for the two centers to evaluate performance and
make decisions about how to improve the operational efficiency and
profitability...
Kuwait Dental Clinic has incurred the following overhead costs during the past year.
Kuwait Dental Clinic has incurred the following
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(Y)MonthNumber ofDental testsOverhead costs
(Y)January
9,800173,500July13,000190,200February6,000155,200August9,500171,900March6,800169,100September9,500173,400April7,500170,400October8,700170,800May9,200172,300November14,000195,200June10,200175,900December13,500198,800Required:
Use the high-low method,What is the variable overhead costs per one test?What is the total fixed overhead costs of the Clinic?Predict the level of Clinic’s overhead costs that would be
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Which of the following is not an example of a direct materials cost? A) tires on...
Which of the following is not an
example of a direct materials cost?
A) tires on a bicycle
B) engine in a car
C) shelves on a bookcase
D) nails used to manufacture a desk
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