Can you please check my answer David Jones, the new administrator for a surgical clinic, was trying to determine how toallocate his indirect expenses. His staff was complaining that the current method of taking apercentage of revenues was unfair. He decided to try to allocate utilities based on squarefootage of each department, administration based on direct costs, and laboratory based ontests. Use the information in the chart below.Square FootageDirectLab TestsExpenses$200,000500,000625,0001,400,000300,000600,000$3,375,000UtilitiesAdministration 2,000LaboratoryDay-op suiteCystoscopyEndoscopy2,0003,0001,5001,50010,0004,000500500Total5,000What are the day-op suite's total expenses?A BIFf -T:$42, 375,551ANM!!!

Given data, SQUARE FOOTAGE SQAURE FOOTAGE LAB TESTS UTILITIES 200,000 ADMINISTRATION…

Answered: David Jones, the new administrator for…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section9.5: Multistage Decision Problems

Problem 17P

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