Output/Input Budget Vinyard Clinic has the following resource input information available for a routine physical examination. Each
Question:
Output/Input Budget Vinyard Clinic has the following resource input information available for a routine physical examination.
Each exam normally requires 1.25 hours of examining room time, including:
45 minutes of nursing services,
30 minutes of physician services
Each exam also utilizes one package of examination supplies costing $34 each.
Including benefits, physicians earn $79/hour and nurses earn $36/hour.
Variable overhead is budgeted at $39 per examining room hour and fixed overhead is budgeted at $8,000 per month.
Required put together an output/input budget for October when 500 routine examinations are planned. Discuss some of the likely benefits to Vinyard Clinic of dedicating time to go through the budgeting process.
| VINYARD CLINIC | ||
|---|---|---|
| Output/Input Budget | ||
| For the Month of October | ||
| Examining supplies | Answer
| |
| Labor: | ||
| Nursing services | Answer
| |
| Physician services | Answer
| Answer
|
| Variable overhead | Answer
| |
| Fixed overhead | Answer
| |
| Total budget | Answer
|
Expert Answer:
VINYARD CLINIC OutputInput Budget For the Month of October Examining supplies 500 exams 34 per packa... View the full answer
