“Ruger Clinic” Healthcare Finance – HSA525: An Introduction to Accounting and Financial Management May 1, 2011 Instructor Feedback Grade: 320 out of 320; Comments: Hi, Excellent job on the Ruger Clinic assignment. Abstract This paper discusses the following topics: value of the cost pool; The Housekeeping Service department of Ruger Clinic scenario; cost-volume-profit (CVP) analysis; capitation rates: fee-for-service approach; cost approach, and demographic approach, and
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D i) The success of a budget will be determined in large part by the way in which the budget is developed. Had the budget been imposed on Paulo by top management, it will probably generate resentment and ill will rather than cooperation and commitment. This is due to the fact that there is a tendency to feel increasingly pressured in terms of achieving what has been imposed in the budget from above, as nothing else is deemed to be more important. If the budgets are too high and employees know
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ASSIGNMENT SUBMISSION FORM This sheet must be submitted with your assignment. Failure to complete, sign and submit this form will result in a mark of ‘0’ for the assignment. |Student’s ID Number | | |Course Code | | |Course Name |
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actual sales, and recommends a course of action. All analysis is supported by exhibits in the appendix. If you have any questions about this report, please contact me at XXX-XXXX or student.name@kwantlen.net. Executive Summary The original sales budget forecast total sales of $500,000 spread across three product lines: Sinks (48%), Mirrors (20%), and Vanities (32%). Actual sales were as follows: Sinks 32%, Mirrors 40%, and Vanities 28%. This resulted in a higher than expected breakeven ($520,000
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CHAPTER 6 MASTER BUDGET AND RESPONSIBILITY ACCOUNTING 6-1 a. b. c. d. The budgeting cycle includes the following elements: Planning the performance of the company as a whole as well as planning the performance of its subunits. Management agrees on what is expected. Providing a frame of reference, a set of specific expectations against which actual results can be compared. Investigating variations from plans. If necessary, corrective action follows investigation. Planning again, in light of feedback
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program/project, and what are the objectives? How will the project be implemented? V. Annual project budget - provide a line item budget in US$ with short narrative explanations for each line item, which can be footnoted to the budget. A sample budget is attached on the following page. VI. Attachments: Overall organizational budget (operating budget) List of other potential sources of support (if any) By-laws of association/organization, where
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OF VARIOUS TYPESOF BUDGETS IN A MANUFACTURING ORGANISATION SUBMITTED TO:SUBMITTED BY: Dr. SUNITA MALHOTRA NEHA MISHRA FACULTY OF SOCIAL SCIENCES PIYUSH GARG RANJAN YADAV SONAL AGARWAL DAYALBAGH EDUCATIONAL INSTITUTE (DEEMED UNIVERSITY) DAYALBAGH, AGRA MEANING OF CASH BUDGET:A forecast of estimated cash receipts and disbursements for a specified period of time. CASH BUDGET FOR JANUARY Beginning
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Introduction When looking at a budget there are many factors to discuss and apply. The Guillermo Furniture Company has been a staple in Mexico for numerous years. Guillermo will have to use the correct reports relating to both performance and budgets in many different ways. Guillermo's competitor has updated machinery and budget. The competitor has forced Guillermo to look at his budget, sales forecast, and analysis of ethical considerations in the preparation, use of the budget and ethical code of ethics
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“Ruger Clinic” Rosalind Carter Ellis Dr. Merle Point HSA 525: Health Financial Management-Assignment # 2 January 28, 2012 Introduction: The Housekeeping Service department of Ruger Clinic, a multispecialty practice in Toledo, Ohio, had $100,000 in direct costs in 2007. These costs must be allocated to Ruger’s three revenue-producing patient services departments using the direct method. Two cost drivers are under consideration: patient services revenue and hours of housekeeping services used
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charged with controlling costs and generate revenue C. Have no revenue budget and no obligation to earn revenue D. Costs that do not vary as service volume varies E. Fixed over some range of service volume, but rise to a new level for a higher range of service volume F. Costs that cannot be tied directly to the patient’s stay in the bed G. Exist as budgets on paper only H. The places where costs occur and have budgets I. Costs that change as volume changes
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