Cost of hospital hires
What does the study tell us about the costs of using nurse practitioners, physicians,
inter/residents, and interpreters to conduct services?
The study showed that the two highest cost producing groups are physicians and
Case 1 Codification and Breakage
1. When did FASB Codification become authoritative U.S. GAAP?
It become authoritative on July 1, 2009.
2. Does the Codification change U.S. GAAP? If not, then what does the Codification
actually do? How many topics are the
1. Describe the purpose and features of the old cost and billing system?
The old billing system the Network used was a step-down cost system, a cost system that
they had been used for decades. It tracked down and allocated overhead cos
Indianopolis Case Guideline Question
Should the city have allowed the municipal employees to see the ABC estimates and
given them the opportunity to reduce their costs?
No, one of the reasons is because there would be no time constraint for the employees.
Problem 9-37 Absorption costing and production-volume variance alternative capacity basis. Earths Best
Light (EBL), a producer of energy-efficient light bulbs, expects that demand will increase markedly over the next
decade. Due to the high fixed costs in
Indianapolis: Activity-Based Costing of City Services
3. Define the problem.
No costing system
No measurement of activities or cost of the activities
Too many unnecessary workers/employees
Spend more for the same or lower quality services
Raw Materials Inv.
Work in Process Inv.
Finished Goods Inv.
Cost of Goods Sold (exp.)
bal. after fire
lost in fire
lost in fire
Aligning Incentives in Supply Chains
A supply chain stays tight only if every company on it has reasons to pull in the same direction
CISCO wrote of 2.5 BILLION in inventory (surplus raw materials)
Contractors for Cisco stockpiled semifinished products be
C. Identification of the business and information risks that could impact your system. How
did you analyze those risks? An explanation of how you designed your system to respond to
those risks (e.g., the controls you added).