payments more equitibly are two of the three goals of Physician Payment Reform. The third goal of the Physicians Payment Reform is to Ensure quality healthcare at a responsible rate. 2. Mr. Jones was admitted to the hospital for severe hip pain. During the ortho surgeon’s initial visit‚ it was determined that Mr. Jone’s had a fractured hip and stated a required surgical intervention. The modifier that would be used for the hospital visit is modifier -57 3. Work and overhead are two of the three components
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Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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Provide an in-depth profile of the family market that the club aims to attract. Use the demographic‚ psychographic‚ behavioral methods of market segmentation According to the demographic method‚ Orchid Country Club is located near Sungei Seletar Reservoir‚ Yishun Avenue 1. They target the middle ($3‚500 to $5‚500 a month) and high-income ($11‚500 to $16‚600 per month) families that have the spending power to purchase membership from the club. The minimum requirement for education level are people
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Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
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On 04/28/2016‚ I Officer Hassan (156) was working for the Wichita State University Police Department as a Community Patrol Officer for the tour of duty (1600-0000 hours) in the city of Wichita‚ Sedgwick County‚ KS. At approximately 2028 hours‚ I was dispatched to parking lot 9 West. I arrived at lot 9 West at approximately 2039 hours. I made contact with Wichita State University student‚ PAULINE. PAULINE reports on 04/27/2016‚ at approximately 1820 hours‚ she was in lot 21 West inside her 2001
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Running Head: NATURE VERSUS NURTURE Nature versus Nurture Name: Institution Affiliation: Abstract Heredity and location are particularly crucial factors in the development of a person. The genetic make-up of an individual determines the extent of the development of the individual‚ but the environment as a factor may influence some biological changes within an individual (Anastasia‚ 1958). Even though‚ both nature and nurture determines the development of a person‚ environment affects
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Trevor’s wife has just bought a new dress for a party‚ and tries it on to show him. He hates the colour and style‚ and thinks it makes her look awful‚ but he doesn’t want to upset her so he tells her she looks great. James is walking back from school when he sees his classmate Kyle looking terrified and being chased by a group of older lads. He sees Kyle hide behind a nearby bush‚ but when the group of boys asks James if he has seen Kyle‚ he says he hasn’t. Mrs Miller is desperate to get her son
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The Psychology of Fight Club The movie Fight Club features a story that‚ on the surface‚ appears to be about an underground boxing club‚ but goes much deeper. It focuses around one man‚ the Narrator‚ whose name is never revealed. The Narrator‚ like everyone else in the world‚ is looking for fulfillment in life‚ but tries to obtain it by odd means. His first obsession that we notice seems ordinary and quite common: his IKEA furniture collections. It then starts to get a little bit more unusual when
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of 22.6million. Why did the two divisions with same products have such a difference? After further exam‚ management concluded the large fixed cost absorbed sale figure. First it is important to understand the standard costing system implemented in Rubber group. Standard costing assigns quantity and price standards to each component of variable and fixed costs in calculating the total cost. In the case of NASA‚ the system uses standard purchasing price (input cost) and standard inputs usage in
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