Best nursing paper writers available. Get writing help on Calculating the Contribution Margin Essay Assignment Paper
Calculating the Contribution Margin Essay Assignment Paper
The Mental Health program for the Community Center has just completed its fiscal year end. The program director determines that his program has revenue for the year of $1,210,000. He believes his variable expense amounts to $205,000 and he knows his fixed expense amounts to $1,100,000. Compute the contribution margin for the Community Center Mental Health Program.Required1- Compute the contribution margin for the Community Center Mental Health Program.2- What does the result tell you about the program?Assignment Exercise 7-3: Calculating the PV Ratio and the CVP Ratio .Use the same assumptions for the Greenside Clinic as in Practice Exercise 7-II. One more assumption will be added: the Clinic had 35,000 visits.
Required In addition to the contribution margin figures already computed, now compute the PV Ratio (also known as CM Ratio). Add another column to your worksheet and compute the clinic’s per-visit revenue and costs. Cost-Volume-Profit chart. Refer to the chapter text along with Figure 7-6.Assignment Exercise 9-2: FTEs to Fill a Position Metropolis Health System (MHS) uses a basic work week of 40 hours throughout the system. Thus, one full-time employee works 40 hours per week. MHS also uses a standard 24-hour scheduling system of three 8-hour shifts. The Director of Nursing needs to compute the staffing requirements to fill the Operating Room (OR) positions. Since MHS is a trauma center, the OR is staffed 24 hours a day, 7 days a week. At present, staffing is identical for all 7 days of the week, although the Director of Nursing is questioning the efficiency of this method.The Operating Room department is staffed with two nursing supervisors on the day shift and one nursing supervisor apiece on the evening and night shifts. There are two technicians on the day shift, two technicians on the evening shift, and one technician on the night shift. There are three RNs on the day shift, two RNs on the evening shift, and one RN plus one LPN on the night shift. In addition, there is one aide plus one clerical worker on the day shift only.1. Set up a. staffing requirements worksheet, using the format in Exhibit 9-4.2.Compute the number of FTEs required to fill the Operating Room staffing positions.
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