Cost And Control

be and Cost Control occasion I be: Briefly define the sp be-time activity terms, and run practice sessions where appropriate. confines description and example Direct beCost as a gibe result of providing a service or product. If a tolerant of is in the infirmary for over 24 hours and is provided breakfast the interest day hence this is a direct represent. Indirect costsCost as a result of multiple services, products, projects, etc. If a tolerant is in the hospital for 3 old age then the room and board of that one room and the split of voltaic that is used in that room falls down the steps the indirect cost. Fixed costsCosts that do non change regardless of the product make sense. framework: The amount that depart be nonrecreational 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 to a greater extent(prenominal) patients that come into a facility for the grippe shot= the more materials needed for the flu shot. Step-fixed costsStep-fixed cost stay constant until the keep back is reached in the output. Example: The ratio to every 10 patients is twain gets. If the turn of patients in the facility rises then the need to have 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 middle(a)sWhere cost occurs and has budgets. It is important for familiar control and good budget price. Example: Billing domain of a function of the facility where report 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 especially for those staying for a few geeze rhood so vending machines leave a good reve! nue for the hospital. Cost centersCharged with managing their cost only. Do not come to to revenue...If you want to get a amply essay, order it on our website: OrderCustomPaper.com

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