Reference no: EM132606332
Budgeted Financial Reports FY 2020
Healthcare Revenue $ 72,900,374
Non Patient Revenue $ 978,657
Release of Assets $ 3,867,885
Total Revenue $ 77,746,916
Salaries and Wages $ 45,204,115
Benefits $ 8,199,774
Total Supplies $ 4,630,026
Purchased Services $ 11,734,778
Depreciation $ 2,095,134
Overhead $ 1,019,256
Total Expenses $ 72,883,083
Net Operating Income Budget $ 4,863,833
Need budget for FY 2021
Then answer questions :
Question 1. What is the proposed volume for the new budget period?
Question 2. What is the appropriate inflow (revenues) and outflow (cost of services delivered) relationship?
Question 3. What will the appropriate dollar cost be? (Note: this question requires a series of assumptions about the nature of the opera-tion for the new budget period.)
3a. Forecast service-related workload.
3b. Forecast non-service-related workload.
3c. Forecast special project workload if applicable.
3d. Coordinate assumptions for proportionate share of interdepartmental projects.
Question 4. Will additional resources be available?
Question 5. Will this budget accomplish the appropriate managerial objectives for the organization?