****Last minute finance
Your team of employees and you are working on a big project for the hospital’s chief financial officer (CFO). Together, you will develop a system to justify the full-time employees of the laboratory department.
Address the following:
- Decide how many hours during the week the department must be staffed to fully operate.
- Calculate, using one of the FTE formulas to justify, how many full-time employees are necessary. Assume that the full-time employees will work five 8-hour shifts. The minimum amount of employees per shift is: 1 pathologist, 2 laboratory technologists, and 1 front office person.
- Provide details as to the services the laboratory offers and the revenue it can generate for the hospital to help the CFO put this information into perspective.
- Provide a cost analysis of the day-to-day operation expenses of the department.
- Analyze cost using the cost classifications of direct versus indirect and flexible/variable/semivariable.
Combine the information into a PowerPoint slide presentation to present to the hospital CFO. Make the slides informational and also visually appealing. For more information on creating PowerPoint Presentations, please visit the PowerPoint Lab.
As an individual, you will need to contribute to your team in an effective manner. You will be graded on your individual contribution and also your group’s end product as well. For your individual portion, focus on the department your group has decided to address, and begin calculating the number of hours you feel the department needs to operate and how you would figure out how many full-time employees are necessary to achieve that level of operation. After doing so, start identifying costs that the department may incur as a result of normal operation and identify the revenue it is also capable of bring in. Write a brief summary of your findings to turn in to the instructor, and also be sure to share your information with your group. Remember that as a group, your overall objective is to combine everyone’s information into one presentation for evaluation.
Study Acers provides students with tutoring and help them save time, and excel in their courses. Students LOVE us!No matter what kind of essay paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcers. Save more time for yourself. Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more