Question: Please answer Mad 8-1 question a and b question B is also asking for an explanation I believe. Please answer Fully MAD 8-1 A and
Please answer Mad 8-1 question a and b question B is also asking for an explanation I believe. 
Please answer Fully MAD 8-1 A and B Question B Has an Explanation answer in it also. 404 Chapter 8 Budgeting Make a Decision Nonmanufacturing Staffing Budgets MAD 8-1 Analyze Johnson Stores' staffing budget for holidays Obj. 6 Johnson Stores is planning its staffing for the upcoming holiday season. From past history, the store determines that it needs one additional sales clerk for cach $12,000 in daily sales. The average daily sales is anticipated increase by $96,000 from Black Friday until Christmas Eve, or 27 shopping days. Each additional sales clerk will work an eight-hour shift and will be paid $14 per hour. a. Determine the amount to budget for additional sales clerks for the holiday season. b. If Johnson Stores has an average 10% gross profit on sales, should it add the staff suggested by your answer in (a)? That is, is it profitable to staff for the increased sales in (a)? MAD 8-2 Analyze Mercy Hospital's staffing budget Obj. 6 Mercy Hospital staffs its medical/surgical floors with nurses depending on the number of pa- tients assigned to the floor and the severity of their condition. The index used to capture nurse effort is termed a relative value unit, or RVC. For example, taking vital signs for a single patient may be equal to one RVU. RVU's are then summed to estimate the total RVU requirements for the floor. From this, the nursing staff budget is determined, The medical/surgical floor is scheduled to have 25 patients for each day of the coming seven-day week. Some patients will require more nursing effort than others, depending on the severity of their conditions or their ages. The following table summarizes the expected RVU requirements for the patients: Number of Patients 5 RVUs per Day 20 25 30 40 10 2 A nurse earns $180 per day and is able to perform 40 RVUs per day. a. Determine the total number of RVUs expected per day for the coming week. b. Determine the total weekly nurse budget for the coming week. MAD 8-3 Analyze Adventure Park's staffing budget Obj. 6 Adventure Park is a large theme park. Staffing for the theme park involves many different labor classifications, one of which is the parking lot staff. The parking lot staff collects parking fees, provides directions, and operates trams. The stall size is a function of the number of daily vehi cles. Adventure Park has determined from historical experience that a staff member is needed for every 200 vehicles. Adventure Park estimates staff for both school days and nonschool days. Nonschool days are higher attendance days than school days. The number of expected vehicles for each day is as follows: Number of vehicles per day Number of days per year School Days 3,000 165 Nonschool Days 8,000 200 Parking fees are $10 per vehicle. Each parking lot employee is paid $110 per day. a. Determine the annual parking lot staff budget for school days, nonschool days, and total. b. Determine the parking revenue for school days, nonschool days, and total. c. If depreciation expense and other expenses for running the parking lot were estimated to be $2 million per year, determine the parking lot's budgeted profit
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