Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

The budget anticipated 30,000 inpatient days this year at an average of $650 revenueper day.• Inpatient expenses were budgeted at $600 per patient day.• The budget anticipated 10,000 outpatient visitsthis year at an average of$400 revenueper visit.• Outpatient expenses were budgeted at $380 per visit.As to the actual results:• Assume that only 27,000, or 90%, of the inpatient days are going to actually beachieved for the year.• The average revenue of$650 per day willbe achieved for these 270,000 inpatient days.• The outpatient visitswill actually amount to 110%, or 11,000 for the year.• The average revenue of $400 per visitwill be achieved for these 11,000 visits.• Further assume that, due to the heroic efforts of the Chief Financial Officer, the actualinpatient expenses willamount to $11,600,000 and the actual outpatient expenseswillamount to $4,000,000.Required1. Set up three worksheets that follow the format of those in Example 15A.However, ineach of your worksheets make two lines for revenue; label one as Revenue-Inpatientand the other Revenue-Outpatient. Add a Revenue Subtotal line. Likewise, make twolines for expense; label one as Expense-Inpatient and the other Expense-Outpatient.Add an Expense Subtotal line.2. Using the new assumptions, complete the first worksheet for “AsBudgeted.”3. Using the new assumptions, complete the second worksheet for “Actual.”4. Using the new assumptions, complete the third worksheet for “Static Budget Variance.”ifosignment Exercise 15-1: BudgetingSelect an organization; either Metropolis Health Systemfrom the Chapter 25 Case Study orone of the organizations presented in the Mini-Case Studies in Chapters 26-28.Requiredl. Using the organization selected, create a budget for the next fiscal year. Set out thedetails of all assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your ownbudget.~signment Exercise 15-2: BudgetingFind an existing budget from a published source. Detail should be extensive enough topresent a challenge.Chapter 15 391Required1. Using the existing budget, create a new budget for the next fiscalyear. Set out the detailsof all the assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your own effort.3. Use the “Checklist for Reviewing a Budget” (Exhibit 15-3) and critique the existingbudget.VAssignment Exercise 15-3: Transactions outside the Operating BudgetReviewFigure 15-2and the accompanying text.Metropolis Health System has received a wellness grant from the charitable arm of anarea electronics company. The grant will run for twenty-four months, beginning at the firstof the next fiscal year. Two therapists and two registered nurses will each be spending halfof their time working on the wellness grant. All four individuals are full-time employees ofMHS. The electronics company has only recently begun to operate the charitable organizationthat awarded the grant. While they have gained all the legal approvals necessary, theyhave not yet provided the manuals and instructions for grant transactions that MHSusuallyreceives when grants are awarded. Consequently, guidance about separate accounting isnot yet forthcoming from the grantor.RequiredHow would you handle this issue on the MHS operating budget for next year?0ssignment Exercise 15-4: Identified versus Allocated Costs in BudgetingReviewFigure 15-3and the accompanying text.Metropolis Health System is preparing for a significant upgrade in both hardware andsoftware for its information systems.As part of the project, the Chief of Information Operations(CIO) has indicated that the Information Systems (IS) department can change theformat of the MHS operating budgets and related reports before the operating budget isconstructed for the coming fiscal year.The Chief Financial Officer (CFO) has long wantedto modify what costs are identified and what costs are allocated (along with the method ofallocation). This is a golden opportunity to do so. To gain ammunition for the change, theCFO is preparing to conduct a survey.The surveywill obtain a variety of suggestions for potentialchanges in allocation methods for the new operating budget report formats. Youhave been selected as one of the employees who willbe surveyed.RequiredYoumay choose your role for this assignment, as follows:Refer to the “MHS Executive-Level Organization Chart” (Figure 25-2 in the MHS CaseStudy). (1) Either (a) choose any type of patient service that would be under the direction

The budget anticipated 30,000 inpatient days this year at an average of $650 revenueper day.• Inpatient expenses were budgeted at $600 per patient day.• The budget anticipated 10,000 outpatient visitsthis year at an average of$400 revenueper visit.• Outpatient expenses were budgeted at $380 per visit.As to the actual results:• Assume that only 27,000, or 90%, of the inpatient days are going to actually beachieved for the year.• The average revenue of$650 per day willbe achieved for these 270,000 inpatient days.• The outpatient visitswill actually amount to 110%, or 11,000 for the year.• The average revenue of $400 per visitwill be achieved for these 11,000 visits.• Further assume that, due to the heroic efforts of the Chief Financial Officer, the actualinpatient expenses willamount to $11,600,000 and the actual outpatient expenseswillamount to $4,000,000.Required1. Set up three worksheets that follow the format of those in Example 15A.However, ineach of your worksheets make two lines for revenue; label one as Revenue-Inpatientand the other Revenue-Outpatient. Add a Revenue Subtotal line. Likewise, make twolines for expense; label one as Expense-Inpatient and the other Expense-Outpatient.Add an Expense Subtotal line.2. Using the new assumptions, complete the first worksheet for “AsBudgeted.”3. Using the new assumptions, complete the second worksheet for “Actual.”4. Using the new assumptions, complete the third worksheet for “Static Budget Variance.”ifosignment Exercise 15-1: BudgetingSelect an organization; either Metropolis Health Systemfrom the Chapter 25 Case Study orone of the organizations presented in the Mini-Case Studies in Chapters 26-28.Requiredl. Using the organization selected, create a budget for the next fiscal year. Set out thedetails of all assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your ownbudget.~signment Exercise 15-2: BudgetingFind an existing budget from a published source. Detail should be extensive enough topresent a challenge.Chapter 15 391Required1. Using the existing budget, create a new budget for the next fiscalyear. Set out the detailsof all the assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your own effort.3. Use the “Checklist for Reviewing a Budget” (Exhibit 15-3) and critique the existingbudget.VAssignment Exercise 15-3: Transactions outside the Operating BudgetReviewFigure 15-2and the accompanying text.Metropolis Health System has received a wellness grant from the charitable arm of anarea electronics company. The grant will run for twenty-four months, beginning at the firstof the next fiscal year. Two therapists and two registered nurses will each be spending halfof their time working on the wellness grant. All four individuals are full-time employees ofMHS. The electronics company has only recently begun to operate the charitable organizationthat awarded the grant. While they have gained all the legal approvals necessary, theyhave not yet provided the manuals and instructions for grant transactions that MHSusuallyreceives when grants are awarded. Consequently, guidance about separate accounting isnot yet forthcoming from the grantor.RequiredHow would you handle this issue on the MHS operating budget for next year?0ssignment Exercise 15-4: Identified versus Allocated Costs in BudgetingReviewFigure 15-3and the accompanying text.Metropolis Health System is preparing for a significant upgrade in both hardware andsoftware for its information systems.As part of the project, the Chief of Information Operations(CIO) has indicated that the Information Systems (IS) department can change theformat of the MHS operating budgets and related reports before the operating budget isconstructed for the coming fiscal year.The Chief Financial Officer (CFO) has long wantedto modify what costs are identified and what costs are allocated (along with the method ofallocation). This is a golden opportunity to do so. To gain ammunition for the change, theCFO is preparing to conduct a survey.The surveywill obtain a variety of suggestions for potentialchanges in allocation methods for the new operating budget report formats. Youhave been selected as one of the employees who willbe surveyed.RequiredYoumay choose your role for this assignment, as follows:Refer to the “MHS Executive-Level Organization Chart” (Figure 25-2 in the MHS CaseStudy). (1) Either (a) choose any type of patient service that would be under the direction

The budget anticipated 30,000 inpatient days this year at an average of $650 revenueper day.• Inpatient expenses were budgeted at $600 per patient day.• The budget anticipated 10,000 outpatient visitsthis year at an average of$400 revenueper visit.• Outpatient expenses were budgeted at $380 per visit.As to the actual results:• Assume that only 27,000, or 90%, of the inpatient days are going to actually beachieved for the year.• The average revenue of$650 per day willbe achieved for these 270,000 inpatient days.• The outpatient visitswill actually amount to 110%, or 11,000 for the year.• The average revenue of $400 per visitwill be achieved for these 11,000 visits.• Further assume that, due to the heroic efforts of the Chief Financial Officer, the actualinpatient expenses willamount to $11,600,000 and the actual outpatient expenseswillamount to $4,000,000.Required1. Set up three worksheets that follow the format of those in Example 15A.However, ineach of your worksheets make two lines for revenue; label one as Revenue-Inpatientand the other Revenue-Outpatient. Add a Revenue Subtotal line. Likewise, make twolines for expense; label one as Expense-Inpatient and the other Expense-Outpatient.Add an Expense Subtotal line.2. Using the new assumptions, complete the first worksheet for “AsBudgeted.”3. Using the new assumptions, complete the second worksheet for “Actual.”4. Using the new assumptions, complete the third worksheet for “Static Budget Variance.”ifosignment Exercise 15-1: BudgetingSelect an organization; either Metropolis Health Systemfrom the Chapter 25 Case Study orone of the organizations presented in the Mini-Case Studies in Chapters 26-28.Requiredl. Using the organization selected, create a budget for the next fiscal year. Set out thedetails of all assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your ownbudget.~signment Exercise 15-2: BudgetingFind an existing budget from a published source. Detail should be extensive enough topresent a challenge.Chapter 15 391Required1. Using the existing budget, create a new budget for the next fiscalyear. Set out the detailsof all the assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your own effort.3. Use the “Checklist for Reviewing a Budget” (Exhibit 15-3) and critique the existingbudget.VAssignment Exercise 15-3: Transactions outside the Operating BudgetReviewFigure 15-2and the accompanying text.Metropolis Health System has received a wellness grant from the charitable arm of anarea electronics company. The grant will run for twenty-four months, beginning at the firstof the next fiscal year. Two therapists and two registered nurses will each be spending halfof their time working on the wellness grant. All four individuals are full-time employees ofMHS. The electronics company has only recently begun to operate the charitable organizationthat awarded the grant. While they have gained all the legal approvals necessary, theyhave not yet provided the manuals and instructions for grant transactions that MHSusuallyreceives when grants are awarded. Consequently, guidance about separate accounting isnot yet forthcoming from the grantor.RequiredHow would you handle this issue on the MHS operating budget for next year?0ssignment Exercise 15-4: Identified versus Allocated Costs in BudgetingReviewFigure 15-3and the accompanying text.Metropolis Health System is preparing for a significant upgrade in both hardware andsoftware for its information systems.As part of the project, the Chief of Information Operations(CIO) has indicated that the Information Systems (IS) department can change theformat of the MHS operating budgets and related reports before the operating budget isconstructed for the coming fiscal year.The Chief Financial Officer (CFO) has long wantedto modify what costs are identified and what costs are allocated (along with the method ofallocation). This is a golden opportunity to do so. To gain ammunition for the change, theCFO is preparing to conduct a survey.The surveywill obtain a variety of suggestions for potentialchanges in allocation methods for the new operating budget report formats. Youhave been selected as one of the employees who willbe surveyed.RequiredYoumay choose your role for this assignment, as follows:Refer to the “MHS Executive-Level Organization Chart” (Figure 25-2 in the MHS CaseStudy). (1) Either (a) choose any type of patient service that would be under the direction

The budget anticipated 30,000 inpatient days this year at an average of $650 revenueper day.• Inpatient expenses were budgeted at $600 per patient day.• The budget anticipated 10,000 outpatient visitsthis year at an average of$400 revenueper visit.• Outpatient expenses were budgeted at $380 per visit.As to the actual results:• Assume that only 27,000, or 90%, of the inpatient days are going to actually beachieved for the year.• The average revenue of$650 per day willbe achieved for these 270,000 inpatient days.• The outpatient visitswill actually amount to 110%, or 11,000 for the year.• The average revenue of $400 per visitwill be achieved for these 11,000 visits.• Further assume that, due to the heroic efforts of the Chief Financial Officer, the actualinpatient expenses willamount to $11,600,000 and the actual outpatient expenseswillamount to $4,000,000.Required1. Set up three worksheets that follow the format of those in Example 15A.However, ineach of your worksheets make two lines for revenue; label one as Revenue-Inpatientand the other Revenue-Outpatient. Add a Revenue Subtotal line. Likewise, make twolines for expense; label one as Expense-Inpatient and the other Expense-Outpatient.Add an Expense Subtotal line.2. Using the new assumptions, complete the first worksheet for “AsBudgeted.”3. Using the new assumptions, complete the second worksheet for “Actual.”4. Using the new assumptions, complete the third worksheet for “Static Budget Variance.”ifosignment Exercise 15-1: BudgetingSelect an organization; either Metropolis Health Systemfrom the Chapter 25 Case Study orone of the organizations presented in the Mini-Case Studies in Chapters 26-28.Requiredl. Using the organization selected, create a budget for the next fiscal year. Set out thedetails of all assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your ownbudget.~signment Exercise 15-2: BudgetingFind an existing budget from a published source. Detail should be extensive enough topresent a challenge.Chapter 15 391Required1. Using the existing budget, create a new budget for the next fiscalyear. Set out the detailsof all the assumptions you needed in order to build this budget.2. Use the “Checklist for Building a Budget” (Exhibit 15-2) and critique your own effort.3. Use the “Checklist for Reviewing a Budget” (Exhibit 15-3) and critique the existingbudget.VAssignment Exercise 15-3: Transactions outside the Operating BudgetReviewFigure 15-2and the accompanying text.Metropolis Health System has received a wellness grant from the charitable arm of anarea electronics company. The grant will run for twenty-four months, beginning at the firstof the next fiscal year. Two therapists and two registered nurses will each be spending halfof their time working on the wellness grant. All four individuals are full-time employees ofMHS. The electronics company has only recently begun to operate the charitable organizationthat awarded the grant. While they have gained all the legal approvals necessary, theyhave not yet provided the manuals and instructions for grant transactions that MHSusuallyreceives when grants are awarded. Consequently, guidance about separate accounting isnot yet forthcoming from the grantor.RequiredHow would you handle this issue on the MHS operating budget for next year?0ssignment Exercise 15-4: Identified versus Allocated Costs in BudgetingReviewFigure 15-3and the accompanying text.Metropolis Health System is preparing for a significant upgrade in both hardware andsoftware for its information systems.As part of the project, the Chief of Information Operations(CIO) has indicated that the Information Systems (IS) department can change theformat of the MHS operating budgets and related reports before the operating budget isconstructed for the coming fiscal year.The Chief Financial Officer (CFO) has long wantedto modify what costs are identified and what costs are allocated (along with the method ofallocation). This is a golden opportunity to do so. To gain ammunition for the change, theCFO is preparing to conduct a survey.The surveywill obtain a variety of suggestions for potentialchanges in allocation methods for the new operating budget report formats. Youhave been selected as one of the employees who willbe surveyed.RequiredYoumay choose your role for this assignment, as follows:Refer to the “MHS Executive-Level Organization Chart” (Figure 25-2 in the MHS CaseStudy). (1) Either (a) choose any type of patient service that would be under the direction

testimonials icon
I found out the LAPD division that I have my internship, the staffs are very friendly and welcomin...
testimonials icon
Running head: ROLES OF NHC1Roles of NHSCInstitution AffiliationDateROLES OF NHC2Roles of NHSCThe National Health Service Corps (NHSC) is a national p...
testimonials icon
Please read carefully before u bid   “Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!” The post...
testimonials icon
/*! elementor - v3.6.5 - 27-04-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading...
testimonials icon
In U.S. Law, a criminal defendant does not have to testify or present witnesses at a trial. Should this be the case? If the defendant chooses n...
testimonials icon
   Max Points: 200 Details:This is a Collaborative Learning Community (CLC)...
testimonials icon
HLT-313VLearning and DevelopmentNameDate 2015. Grand Canyon University. All Rights Reserved.LEARNING AND DEVELOPMET2Learning and DevelopmentIntroduct...
testimonials icon
 Assignment Write a 3-4 page essay in which you argue how you have grown as a writer and what you learned about communication in...
testimonials icon
Write a Windows Forms application in C# that allows the user to enter a positive number. Then, when a button is clicked,...
testimonials icon
Week Two - ECO 561 - Chapter 4 Quiz.doc...
testimonials icon
/*! elementor - v3.6.5 - 27-04-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading...
testimonials icon
 Environment as discipline . 6-8 pages or 1800-2000 wordsa. Pick an everyday environment, building...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
$65
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price
$65