Answer the following questions in a Word or Excel file. Show all work.
Management has studied work patterns in the housekeeping department and estimates the number of hours to be worked as follows. Hours worked = (1,500 per month) + (0.50 X RVUs).For the coming month, management expects relative value units (RVU) to be 5,800. What should budgeted labor for the month be?
Last year, the price for thermometer covers in a pediatricianâ€s office was $0.05 each. This year, the covers cost $0.06 each. If the office purchased 10,000 thermometer covers this year, what is the price variance?
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