calculated the problem step by step . The following information relates to the wards in the cardiology department of Good Health Hospital for one accounting period Wards 1 2 3 Number of Beds 12 10 20 Total number of Patients 48 32 108 Total ward staff (excluding consultants) 8 8 12 Ward staff – full-time equivalent 5 4 6 Variable operating costs for period £58,000 £66,000 £98,000 Operating fixed costs £85,000 £67,000 £88,000 General overhead costs £40,000 £40,000 £40,000 General overhead costs are made up of recharges from support services. The total cost of £120,000 is split equally between the three wards. The hospital manager is concerned about the high costs of running the three heart-care wards. She has asked you to investigate their performance. Calculations must include: Patient (turnover) per bed, FTE Staff per bed & per patients, Variable Cost per bed & per patient and Fixed cost per bed & per patient.]
calculated the problem step by step .
The following information relates to the wards in the cardiology department of Good Health Hospital for one accounting period
Wards |
1 |
2 |
3 |
Number of Beds |
12 |
10 |
20 |
Total number of Patients |
48 |
32 |
108 |
Total ward staff (excluding consultants) |
8 |
8 |
12 |
Ward staff – full-time equivalent |
5 |
4 |
6 |
Variable operating costs for period |
£58,000 |
£66,000 |
£98,000 |
Operating fixed costs |
£85,000 |
£67,000 |
£88,000 |
General overhead costs |
£40,000 |
£40,000 |
£40,000 |
General overhead costs are made up of recharges from support services. The total cost of £120,000 is split equally between the three wards. The hospital manager is concerned about the high costs of running the three heart-care wards. She has asked you to investigate their performance.
Calculations must include: Patient (turnover) per bed, FTE Staff per bed & per patients, Variable Cost per bed & per patient and Fixed cost per bed & per patient.]
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