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    Bill Watts awoke with intense pain in his side. After a 911 call, he was transported to the emergency room at Lodi Community Hospital, where he underwent surgery for a ruptured appendix. The surgical procedure required 30 minutes. His hospital stay lasted three days, one of which was classified as acuity level 2.
    The following information has been retrieved from Lodi Community Hospital's cost information system.

    Nursing:
    Acuity level 1 $350 per day
    Acuity level 2 $400 per day

    Food services $65 per day
    Operating room $450 per half hour
    Laundry $35 per day
    Emergency room admission $250 per admission
    Emergency medical transportation $300

    Calculate the cost incurred by Lodi Community Hospital to care for Bill.
    Assume Lodi Community Hospital invoices clients on a cost-plus basis. If the markup percentage is 20%, what is the amount of Bill's invoice?

    © BrainMass Inc. brainmass.com March 4, 2021, 6:19 pm ad1c9bdddf
    https://brainmass.com/business/financial-accounting-bookkeeping/cost-calculations-40138

    Solution Summary

    Calculates the cost incurred by Lodi Community Hospital to care for Bill.

    $2.49

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