Assignments/Assessments: Exercise An OB/GYN Department is developing an RVU and product cost for the following procedures, given the projected volumes and sample direct costs. Projected total costs for the OB/GYN department are $12,000,000 ($7,000,000 in direct costs and $5,000,000 in indirect costs). Calculate the cost per procedure using Job-Order Costing. Projected Labor Supply Equipment Procedure Volumes Expense ($) Expense ($) Use (min.) Ultrasound 1,500 70 30 25 Hysteroscopy 3,000 40 20 25 HSG 4,000 25 15 15 SIS 5,400 20 5 10 For this problem, be sure to use the following steps: 1. Calculate the RVU for each procedure. 2. Calculate the total cost for each procedure. Next, calculate the cost per procedure using Activity-Based Costing 1. Calculate the direct RVU and the cost driver for each procedure. 2. Calculate the total cost for each procedure
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