Details The following is taken from Figure 3 of the Budget Project document: The purpose of...
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Details The following is taken from Figure 3 of the Budget Project document: The purpose of the capital budget is to forecast all expenditures for major equipment. The capital budget process includes a request/approval phase before creating a capital budget. We will be submitting a request for capital equipment. For our budget, a "capital item" is defined as any item for equipment that exceeds $500 in cost and has a minimum life expectancy of three years. You will use the Capital Budget Expenditure Request form in Figure 4 of the Budget Project document to complete and submit a capital expenditure request to acquire four computers on wheels workstations (COWS). You will copy and paste the table that represents the form into a Word document. The capital budget is "zero-based," requiring justification of any proposed capital expenditures. Justifications for 4 new COW workstations for the upcoming year are as follows: . Ergotron is the contracted supplier of choice. 4 workstations with laptop capability are needed to meet the needs of a busy unit. The medical staff and scribe would like one workstation they can work with daily when performing rounds. The mobile workstation must adjust to accommodate different heights of individuals. As the HIM Director, you must complete the Capital Expenditure Approval Form and return it to Administration. Assume that some money has already been set aside but Finance needs exact dollar amounts to move forward with the purchase. Complete the following table found in Figure 3 of the Budget Project document, which you will cut and paste into a Word document: Ergotron Computer on Wheels Workstation Product Type Cost Annual income produced $20,000 Depreciation over five years Submit your table and capital expenditure approval form on a Word document, saved as "(last name) - Capital Request," and upload it to the assignment. Submit Assignment Details The following is taken from Figure 3 of the Budget Project document: The purpose of the capital budget is to forecast all expenditures for major equipment. The capital budget process includes a request/approval phase before creating a capital budget. We will be submitting a request for capital equipment. For our budget, a "capital item" is defined as any item for equipment that exceeds $500 in cost and has a minimum life expectancy of three years. You will use the Capital Budget Expenditure Request form in Figure 4 of the Budget Project document to complete and submit a capital expenditure request to acquire four computers on wheels workstations (COWS). You will copy and paste the table that represents the form into a Word document. The capital budget is "zero-based," requiring justification of any proposed capital expenditures. Justifications for 4 new COW workstations for the upcoming year are as follows: . Ergotron is the contracted supplier of choice. 4 workstations with laptop capability are needed to meet the needs of a busy unit. The medical staff and scribe would like one workstation they can work with daily when performing rounds. The mobile workstation must adjust to accommodate different heights of individuals. As the HIM Director, you must complete the Capital Expenditure Approval Form and return it to Administration. Assume that some money has already been set aside but Finance needs exact dollar amounts to move forward with the purchase. Complete the following table found in Figure 3 of the Budget Project document, which you will cut and paste into a Word document: Ergotron Computer on Wheels Workstation Product Type Cost Annual income produced $20,000 Depreciation over five years Submit your table and capital expenditure approval form on a Word document, saved as "(last name) - Capital Request," and upload it to the assignment. Submit Assignment
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