Cost And Control

be and Cost Control occasion I approach: Briefly define the sp be-time activity terms, and house practice sessions where appropriate. call description and example Direct beCost as a retard result of providing a service or product. If a uncomplaining of is in the infirmary for over 24 hours and is provided breakfast the side by side(p) day and then this is a direct cost. Indirect costsCost as a result of multiple services, products, projects, etc. If a forbearing is in the hospital for 3 old age then the room and board of that one room and the split of galvanic that is used in that room falls down the steps the indirect cost. Fixed costsCosts that do non change regardless of the yield make sense. recitation: The amount that depart be give on the rent regardless the amount of patients in the office. varying costsVariable cost is a cost that changes when the volume changes. Example: The much patients that come into a faci lity for the grippe shot= the more than materials needed for the flu shot. Step-fixed costsStep-fixed cost stay constant until the arrange is reached in the output. Example: The ratio to every 10 patients is both sterilises. If the turn of patients in the facility rises then the need to select more doctors or call in a doctor is necessary.

Part IICenters: Briefly define the following terms, and provide an example of each. Term Definition and example Responsibility marrow squashsWhere cost occurs and has budgets. It is important for familiar control and good budget price. Example: Billin g domain of a function of the facility wher! e point invoices are sent out and payments are made. Revenue centersRevenue center are responsible for unconditional cost and generating receipts for a business. Example: Vending machines in the waiting room at the hospital. The wait at the hospital is always long peculiarly for those staying for a few geezerhood so vending machines regress a good revenue for the hospital. Cost centersCharged with managing their cost only. Do not come to to revenue...If you want to get a expert essay, order it on our website: OrderCustomPaper.com

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