Find how does the new staffing pattern productivity

Assignment Help Financial Accounting
Reference no: EM132960999

A nursing unit has 10 beds, but 2 beds are vacant because of insufficient numbers of nursing staff. The daily cost of providing nursing services to the 8 filled beds is $2000. The unit manager increases the number of staff, and this allows all 10 beds to be filled. As a result, the daily cost of providing nursing services to the 10 filled beds increases to $2400. Because of a change in staff mix when new nursing staff members are added, nursing hours per patient day (HPPD) increases from 4.0 to 4.5. Measures show no change in the quality of patient care.

Problem 1:
How does the new staffing pattern productivity compare with productivity in the original staffing plan on a unit cost ($ per patient day) basis?

Reference no: EM132960999

Questions Cloud

Record in general journal the necessary adjusting entries : Record in the general journal the necessary adjusting entries on 30 June. Prepaid insurance represents premiums for 1 year paid on 1 April.
What times can the collector contact the debtor in workplace : ASIC and ACCC have a publication called Debt collection guideline for collectors and creditors. At what times can the collector contact the debtor in workplace
What correct balance of trade accounts receivable of gold : What the correct balance of trade accounts receivable of Gold on December 31, 2019 is? Advance payments to creditors on purchase orders 10,000
Compute the dst due : ABC Corp. entered into a three-year loan agreement with XYZ Corp for Php 2 Million. Loan was executed in August 1, 2021. Compute the DST due
Find how does the new staffing pattern productivity : How does the new staffing pattern productivity compare with productivity in the original staffing plan on a unit cost ($ per patient day) basis?
What is the unit cost per visit after the change : What is the unit cost per visit? How does the post-change productivity compare with the pre-change productivity, on a unit cost ($ per patient visit) basis?
What is the future value of an annuity payment : What is the future value of a $910 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations)
Calculate the forecasted amount for accounts receivable : Calculate the forecasted amount for accounts receivable in 2018 assuming the current period has 365 days. (Round to the closest whole number)
Identify the average and median household income : Identify the average and median household income. For Florida, the average household income is greater than the median income.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd