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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Estimating the variable and fixed cost portion of a mixed cost.
The facilities housekeeping department at St. Luke's Hospital has determined that the appropriate cost driver for housekeeping costs is patient-days. There are 10,000 patient-days per month. The department has collected the following accounts for the past month:
 Monthly Housekeeping Expenses                                              Amount
Supervisors' Salaries Expense                                                       $10,000
Depreciation Expense—Scrubbing Machines                             $5,000
Cleaning Supplies Expense                                                             $7,000
Hourly Workers' Wages Expense                                              $100,000
Insurance Expense—Scrubbing Machines                                  $2,000
 Required:
Estimate the cost function using the account analysis method.
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