A Hospital has a budget of 75,795,000 and must reduce expenses by 12,000,000 in the upcoming year so service lines must be eliminated.One group of board members want to prioritize lines by financial performance. (cut something ) and the second group want to maximize the number of patients served. Make two program budgets. A-Rank programs by the financial performance, what program (s) should be cut
B-Rank the programs by the cost per patient, What programs(s) should be cut to get the most patients seen

A list of accounts follows:

Prepare a classified statement of financial position in good form, without specific amounts. (List Current Assets in order of liquidity. List Property, Plant and Equipment in order of Land, Buildings and Equipment.)

The Tanner Company provided the following information for 2015, after year-end adjustments.

• Allowance for doubtful accounts was $11,000 at the beginning of the year, and $30,000 at the end of the year.
• Accounts receivable (gross) were $80,000 at the beginning of the year, and $420,000 at the end of the year.
• Accounts written off as uncollectible during the year were $10,000.
• Sales totaled $2,700,000. Half of the sales were in cash; half were on credit. Like all temporary income statement accounts, the beginning balance was $0.
• Sales discounts were $100,000 and applied equally to cash and credit sales.

(a) How much was Tanner's net sales revenue for the year?

(b) Complete the T-accounts for Sales Revenue, Allowance for Doubtful Accounts and Accounts Receivable (gross) for the year. Don’t forget to fill in the parentheses and use + and – to indicate the side of the T that represents increases and decreases. Label what is increasing and decreasing in each T-account. For example, net credit sales of $1,300,000 will increase the accounts receivable T-account.

(c) What is the journal entry to estimate bad debts?

(d) What is the journal entry to write off uncollectible accounts?

The following information is related to Kingbird Company for 2017.

Kingbird Company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. On September 15, Kingbird sold the wholesale operations to Rogers Company. During 2017, there were 490,000 shares of common stock outstanding all year.

Part 1

Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.49.)

Part 2

Prepare a retained earnings statement. (List items that increase retained earnings first.)

Baird Company began operations on January 1, 2018, by issuing common stock for $32,000 cash. During 2018, Baird received $56,400 cash from revenue and incurred costs that required $38,400 of cash payments.

Prepare a GAAP-based income statement and balance sheet for Baird Company for 2018, under each of the following independent scenarios:

Baird is a manufacturing company. The $38,400 was paid to purchase the following items:

(1) Paid $3,400 cash to purchase materials that were used to make products during the year.

(2) Paid $2,340 cash for wages of factory workers who made products during the year.

(3) Paid $17,960 cash for salaries of sales and administrative employees.

(4) Paid $14,700 cash to purchase manufacturing equipment. The equipment was used solely to make products. It had a three-year life and a $2,400 salvage value. The company uses straightline depreciation.

(5) During 2014, Lang started and completed 2,400 units of product. The revenue was earned when Lang sold 2,000 units of product to its customers.

*** Need help with income statement and balance sheet**** Please provide step by step

This question only experts will answer, as its High marks, no handwriting or photo allowed:

Data

Account variation Report

The financial accountant has prepared the budget deviation report above, and what is required is:

How do you evaluate the company's performance in light of the data in the report, by analyzing quantity, revenue, variable cost and contribution margin, fixed cost and net margin (profit ), these performances and its relation to departments and for the whole companies.... in Details minimum 300 words.

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February:

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,700 plus $31 per job, and the actual mobile lab operating expenses for February were $8,880. The company expected to work 140 jobs in February, but actually worked 146 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporation’s revenue and spending variances and activity variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February:

The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,800 plus $31 per job, and the actual mobile lab operating expenses for February were $8,980. The company expected to work 140 jobs in February, but actually worked 144 jobs.

Required:

Prepare a flexible budget performance report showing AirQual Test Corporation’s revenue and spending variances and activity variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

Comfort Textiles is engaged in the production and sale of two products-towels and socks. In
the previous period a total of 6,220 units were sold (3,300 units of towels and the remaining for
socks). In the current period, total sales (in units) has increased by 370 units (3,950 units of
socks and the remaining for towels).
Firm’s accounting records provide that following cost and revenue information for the two
periods.

Period-1 (Previous) Period-2 (Current)
Unit Cost Unit Sale Price Unit Cost Unit Sale Price
Towels 210 350 230 380
Socks 140 200 160 220
The sales manager is confused that despite an increase in both, total units sold and the sales
price, gross profit has decreased in the current period. You are required to solve his puzzle by
working on the following lines.
Required:
a) Reflect information as to revenue, cost and gross profit (along with changes therein) for
each year and each product in a simplest form.
b) An analysis of the change in gross profit, indicating various factors causing the profit to
increase or decrease.
c) A proof of the variances calculated in part (b).

AirQual Test Corporation provides on-site air quality testing services. The company has provided the following cost formulas and actual results for the month of February: Fixed Component per Month Variable Component per Job Actual Total for February Revenue $ 276 $ 27,610 Technician wages $ 8,600 $ 8,450 Mobile lab operating expenses $ 4,900 $ 33 $ 8,370 Office expenses $ 2,400 $ 3 $ 2,580 Advertising expenses $ 1,560 $ 1,630 Insurance $ 2,870 $ 2,870 Miscellaneous expenses $ 930 $ 1 $ 345 The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $4,900 plus $33 per job, and the actual mobile lab operating expenses for February were $8,370. The company expected to work 110 jobs in February, but actually worked 116 jobs. Required: Prepare a flexible budget performance report showing AirQual Test Corporation’s revenue and spending variances and activity variances for February. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)