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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