This website uses cookies to ensure you have the best experience. Learn more

Assignment: Case 3 1 Lakeside Hospital

288 words - 2 pages

Name: Shawnyknoxville
Date: 1/29/2013
Assignment: Case 3-1 Lakeside Hospital

For Case 3-1: answer questions 1 - 5.

Breakeven Volume Analysis
Varible costs
Medical Supplies: $493,806
Purchased Laboratory Services: $24,476
Water Usage: $20,896
Total Variable Costs: $539,178
Number of treatments: 5,736
Total Variable Cost / Number of treatments
$539,178 / 5,736 = 94

Px = a + bx
$250x = $510,870 + 94x
$156x = $510,870
($156x = $510,870)/$156 = 3274.81
3274.81 treatments per year
7 nurses -1 $35,000/7 = $5,000 bi-monthly / 2 = $2,500 monthly
($2,500 monthly)12 = $30,000 per year
7 techs -1 $30,680/7 = $4382.86 bi-monthly(2 Employees)/ 2 = $4382.86 monthly
($4382.86 monthly)12 = $52,594.29 per year
$30,000 per year + $52,594.29 per year = $82,594.29 per year
total payroll last year = $436,800
$436,800 - $82,594.29 = $354,205,71 projected payroll with 3 less employees
$354,205.71/$436,800 = 81.1% of previous years payroll expenses

Medical Supplies: $493,806
Purchased Laboratory Services: $24,476
Water Usage: $20,896
Are variable expensed and Depreciation is a fixed expense

Fair Share of Overhead:
@ 50% Capasity
120 Treatments per week / 2 = 60 Treatments per week
(60 Treatments per week)(52 weeks in a year) =
3120 Treatments per year @ 50% Capacity
Treatments per year @ 50% Capacity / Number of treatments last year: 5,736 =
3,120/5,736 = 54.4%
Fixed Overhead; Depreciation, Operation...

Find Another Essay On Assignment: Case 3-1 Lakeside Hospital

1. What is the policy of multiculturalism and why was it introduced by the 1970's? 2. The effects that the policy of multiculturalism has had on Australian culture and society. 3. Case Study:

1046 words - 4 pages society. As a nation we have grown tolerant of other races, cultures and beliefs. Our society has become less British and more Australian. We have diverse range of people living here who fell Australian. The migrants also helped the country's economy. This policy has had great effects for the nation.3. Case Study: Experiences of an individual migrant.Diana Chan is from Malaysia, she has 3 children, a son and two daughters. She migrated to

Normative Ethics: Utilitarianism and Deontology: Module 1 <Tab/>Case Assignment<Tab/>

1375 words - 6 pages be held accountable for social responsibility. They define social responsibility as the management's acceptance of the obligation to consider profit, consumer satisfaction, and societal well-being of equal value in evaluating the firm's performance.III. WorldCom: A Case of Unethical Business PracticesYou see a CEO who was at the top of the world looking haggard and scared on the front pages of every paper and television station across the nation

Case name: iPremier Case 1. Issue identification. 2.What do the facts/issues suggest, and why is it important to consider the issues you raise? 3. What does your analysis suggest should be done?...

1318 words - 5 pages Individual Case Brief Rubric iPremier Case The response to the attack was as to be expected based on the situation and lack of preparation. While there was little that could be done to stop the attack while it was happening. However, there were many things that could have been done to prepare for such an attack and possibly prevent it. iPremier lacked proper emergency processes. A new employee was the "first responder&quot

Critical Thinking Case Study: Let it Pour

1690 words - 7 pages it expects to remain a viable healthcare option for the community. The leadership of the hospital must be willing to objectively, logically and systematically assess and implement the solutions that have been detailed in this document.Works CitedKiesow, Paul, "PDCA Cycle: An Approach to Problem Solving" Ceramic Industry (1994): 20. Rpt. inInterpersonal Skills in Organizations. Suzanne de Janasz, Karen O. Dowd and Beth Schneider: New York, NY, McGraw-Hill, 2002. p. 396.Let it Pour - My First Assignment as Executive Assistant. University of Phoenix Critical Thinking Case Study. 20 July 2004. 1-3

Case Study - Let it Pour. A case study of an article assigned in MGT 350

1767 words - 7 pages Case Study: Let it Pour - My First Assignment as Executive AssistantScott WalkerUniversity of PhoenixMGT 350Instructor: Fred MasciApril 8, 2004Workshop #4Case Study: Let it PourCase Study: Let it Pour - My First Assignment as Executive AssistantThe article entitled: Let it Pour - My First Assignment as Executive Assistant, poses three major problems facing the Faith Community Hospital organization. Chris Smith was recently promoted to the

SBA Article #361

862 words - 4 pages . Lakesidehs_zps238964cc.jpg *A recent photo of Lakeside High School where Miller attended. 3. Smart: In the game of basketball, one not only should be athletic, but also possess the ability to think quickly and make the smart decision. Jackson Miller's basketball IQ is one of the most important aspects of his game that separates him from others. What many people don't know about Jackson is that he carried a 4.0 grade point average in high school, all

The Printing Press

896 words - 4 pages been possible without an investment from the a wealthy investor, Johann Fust (1). This investment didn’t pay off for Gutenberg, however, as he could not pay back the loan causing Fust to foreclose on Gutenberg and take all his presses (1). It is often debated between what happened in the later years of Gutenberg’s life. Some sources argue that Gutenberg died in complete poverty (Lakeside Publishing Group 3). Others state that he was able to open

Nurture Factors

1841 words - 8 pages 1. Introduction Nurture refers to sociocultural influences (Eagly. A. H. & Wood. W, 2013). Sociocultural is something that related to children way of life in term of its social and cultural living. Sociocultural itself is the main factor for the children that affected their growth and development. The factors are mainly about how children were brought up in different environment, the family background and the parents as the role models and the

Case Study - Let it Pour MGT350 UOP

1736 words - 7 pages important task. The problems facing the hospital appear to be important to the success of the hospital and are vital to Chris' continued success as an Executive Assistant.Step 1: Identify the ProblemAfter studying the case study, two primary issues appear to present the bulk of Pat's (CEO) problems. The first problem stems from the fact that: "medical errors cause tens of thousands of deaths each year, close to 100,000 in hospitals alone

Saint Luke's Project

1722 words - 7 pages Clinton Street (now E. 14th Street) adjacent to Erie Street Cemetery. The Marine Hospital opened in 1847 on what is now Lakeside Avenue, between E. 9th and E. 12th Streets. The United States Congress appropriated funds to build the Marine Hospital to serve merchant seamen and it was not open to the general public. It is ironic that as inadequate as was health care in Cleveland in the first half of the nineteenth century, the city was home to a

Critical Thinking Case Study - Faith Community Hospital

1727 words - 7 pages Introduction and Problem StatementFaith Community Hospital is a not-for-profit, community focused institution. It is not living up to its Mission Statement and its costs are growing more quickly that its revenue. Moreover, the CEO, by his own admission, is "not sure of ...[his]...role any more" (University of Phoenix course material, p.3).With an absence of leadership, it is no surprise that the hospital appears to be in chaos. Many of what the

Similar Essays

Assignment 3 Topic 1

694 words - 3 pages A close professional relationship with students has important, positive and long-lasting implications for students’ academic and social development. Improving students’ relationships with teachers well not solely produce gains in achievement but will attain higher levels of achievement than those students with no close relationship with teachers. When a student feels a personal connection with a teacher, has frequent conversations with a

Assignment 3: Proposed Course For Development – Part 1

907 words - 4 pages Course Description Drones in Education is an introductory course describing the uses and future use of drones in the use of high school and adult technological educational studies. Courses in robotic drones are popular at various educational high school and adult education facilities, such as Unmanned Vehicles University, which offers “post-graduate engineering degrees, both masters and doctorate, in unmanned aerial vehicle systems.” (ABC News

Module 1 Case Assignment

675 words - 3 pages need a new philosophical paradigm? Educational Technology Research and Development, 39 (3), 5-14. Kollöffel, B. (2012) Exploring the relation between visualizer–verbalizer cognitive styles and performance with visual or verbal learning material. Computers & Education, 58 (2), 704 Robertson, L., Smellie, T., Wilson, P., & Cox, L. (2011). Learning styles and fieldwork education: Students’ perspectives. New Zealand Journal of Occupational Therapy, 58 (1), 36- 40.

Assignment: 1) Compare Broadsheet And Tabloid Newspapers 2) Compare Broadcast News 3) Compare The Newspaper's Headlines With The Headlines Of The Broadcast News

972 words - 4 pages interviews, commentaries and use of graphics/captions are linked together coherently. Besides that they are also using lots of sound effects and music cues to bring more "life" into the whole program.I am comparing the broadcast news of the TV-channels BBC and ITV.This news stories have been broadcasted on BBC in following order:1. Tory resigns over adoption vote.2. Turkey Islamists win election landslide3. Theft charges in Beckham case and so on