The chief nurse executive of a hospital is interested in making a quick assessment about performance Show more The chief nurse executive of a hospital is interested in making a quick assessment about performance for the year.
The chief nurse executive of a hospital is interested in making a quick assessment about performance Show more The chief nurse executive of a hospital is interested in making a quick assessment about performance for the year.
The nursing department budget for the year was $10 million and actual expenses were $14million. However department fixed costs were budgeted at $4 million. The hospital expcted to have 1000 admissions. The hospital actually had 1300 admissions. What is the flexible budget for 1300 patients? How much over or under budget was the hospital taking into account the volume of patients? Show less
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