You are working as a practice pharmacist and have been asked to help the practice reduce expenditure on medicines. As a result, you are reviewing the use of Osteofix 4 mg m/r tablets, as these costs more than Osteofix 2 mg tablets at an equivalent dose. (A patient would either take Osteofix 4mg m/r 1 tablet once daily or osteofix 2mg twice daily). Current costs are shown below: Osteofix 4 mg m/r tablets £25.78 per 28 tablets Osteofix 2 mg tablets £2.88 per 56 tablets You have found 6 patients who are suitable for the switch. What is the total saving for the practice per 84 days assuming 6 suitable patients switch to using the osteofix 2 mg tablets? Give your answer to the nearest pound. unit £
You are working as a practice pharmacist and have been asked to help the practice reduce expenditure on medicines. As a result, you are reviewing the use of Osteofix 4 mg m/r tablets, as these costs more than Osteofix 2 mg tablets at an equivalent dose. (A patient would either take Osteofix 4mg m/r 1 tablet once daily or osteofix 2mg twice daily). Current costs are shown below: Osteofix 4 mg m/r tablets £25.78 per 28 tablets Osteofix 2 mg tablets £2.88 per 56 tablets You have found 6 patients who are suitable for the switch. What is the total saving for the practice per 84 days assuming 6 suitable patients switch to using the osteofix 2 mg tablets? Give your answer to the nearest pound. unit £
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 32P
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Question
You are working as a practice pharmacist and have been asked to help the practice reduce expenditure on medicines. As a result, you are reviewing the use of Osteofix 4 mg m/r tablets, as these costs more than Osteofix 2 mg tablets at an equivalent dose. (A patient would either take Osteofix 4mg m/r 1 tablet once daily or osteofix 2mg twice daily).
Current costs are shown below:
Osteofix 4 mg m/r tablets £25.78 per 28 tablets
Osteofix 2 mg tablets £2.88 per 56 tablets
You have found 6 patients who are suitable for the switch.
What is the total saving for the practice per 84 days assuming 6 suitable patients switch to using the osteofix 2 mg tablets? Give your answer to the nearest pound.
unit £
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