Registered Health Information Administrator (RHIA) — Question 61
The transcription production for February was 225,333 lines. The total work hours for all transcriptionist for the same period was 2,000. The average hourly cost was $13.50. Determine the cost per line for operating this service for this month.
Answer options
- A. $1.20
- B. $0.24
- C. $2.40
- D. $0.12
Correct answer: D
Explanation
To find the cost per line, first calculate the total cost by multiplying the hourly cost ($13.50) by the total hours worked (2,000), resulting in $27,000. Then, divide this total cost by the number of lines produced (225,333), which gives approximately $0.12 per line. The other options are incorrect as they do not reflect this calculation.