Multiple Choice
Eldercare One, Two and Three are managed as a profit centers by the parent company. Revenues were $1,200,000, $500,000 and $300,000, respectively, and patients numbered 270, 80 and 50, respectively. Insurance costs of $625,000 are allocated to each center based on number of patients. Eldercare One would be allocated insurance cost of:
A) $421,875
B) $208,333
C) $125,000
D) $168,750
Correct Answer:
Verified
Correct Answer:
Verified
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