Your organization has opened a walk-in clinic. A list of expenses has been given to the new staff accountant, Marvin, from the walk-in clinic manager and Marvin needs your help. Marvin wants you to help him identify whether costs shown in the table below are direct or indirect. Additionally, Marvin would like you to describe:1. The monetary total of direct and indirect costs. 2. Create a Conlcusion overallItemCostDirectIndirectIT Salaries and Benefits$1,500 RN Salaries and Benefits$9,600 Utilities and Telephone$3,000 Carpets$1,000 Magazine Subscriptions$ 50 Vehicle Expense$1,775 Exam Table$5,500 End Tables$ 500 Coffee Tables$1,400 Facility Insurance$ 650 Staff Uniforms$1,200 Cleaning Supplies$ 200 Desk Lamps$ 150 Front Desk Flowers$ 300 Bottled Water$ 250 Facility Maintenance$ 700 Landscaping Expense$1,800 Facility Cleaning$1,500

In every organization, there are two types of costs- direct cost and indirect cost. Direct are…

Answered: Your organization has opened a walk-in…

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter3: Taxes On The Financial Statements

Section: Chapter Questions

Problem 3BD

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Your organization has opened a walk-in clinic. A list of expenses has been given to the new staff accountant, Marvin, from the walk-in clinic manager and Marvin needs your help. Marvin wants you to help him identify whether costs shown in the table below are direct or indirect. Additionally, Marvin would like you to describe:

1. The monetary total of direct and indirect costs.

2. Create a Conlcusion overall

Item	Cost	Direct	Indirect
IT Salaries and Benefits	$1,500
RN Salaries and Benefits	$9,600
Utilities and Telephone	$3,000
Carpets	$1,000
Magazine Subscriptions	$ 50
Vehicle Expense	$1,775
Exam Table	$5,500
End Tables	$ 500
Coffee Tables	$1,400
Facility Insurance	$ 650
Staff Uniforms	$1,200
Cleaning Supplies	$ 200
Desk Lamps	$ 150
Front Desk Flowers	$ 300
Bottled Water	$ 250
Facility Maintenance	$ 700
Landscaping Expense	$1,800
Facility Cleaning	$1,500

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