Question: Can you create this excel and answer this question using these materials? I need this in excel form please. Thank you! Instructions: Healthcare Financial Management
Can you create this excel and answer this question using these materials? I need this in excel form please. Thank you!
Instructions:
Healthcare Financial Management and Economics Week Assignment Budgeting Instructions: The following are budgeted and actual revenues and expenses for a hospital. Budgeted Actual Revenues Surgical Volume Gift Shop Revenues $ $ Surgery Revenues $ $ Parking Revenues $ $ Expenses Patients Days Pharmacy $ $ Misc Supplies $ $ Fixed Overhead Costs $ $ Using an Excel spreadsheet to show your calculations: Determine the total variance between the planned and actual budgets for Surgical Volume. Is the variance favorable or unfavorable? Determine the total variance between the planned and actual budgets for Patient Days. Is the variance favorable or unfavorable? Determine the servicerelated variance for Surgical Volume. Determine the servicerelated variance for Patient Days. Prepare a flexible budget estimate. Present sidebyside budget, flexible budget estimate, and the actual Surgical Revenues. Prepare a flexible budget estimate. Present sidebyside budget, flexible budget estimate, and the actual Patient Expenses. Determine what variances are due to change in volume and what variances are due to change in rates.
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