Question on budget

How can I turn this into a line-item budget for personnel cost, a functional budget to calculate personnel costs per MRI procedures, and also a program (clinic) budget for providing health care services for 3000 patient visits? Someone please help I'm confused.

o Cost of purchasing an MRI machine: \$1,200,000
o Annual cost of hiring new radiologist to provide professional service: \$500,000
o Annual maintenance and warranty: \$30,000
o Additional office space to accommodate MRI: 5,000 SF; rent is \$20/SF
o Hiring four additional technical staff at \$60,000 per FTE
o Other operating expenses: \$50,000
o Projected number of MRI procedures per year: 10,000

1. 👍 0
2. 👎 0
3. 👁 65

Similar Questions

1. Accounting

I am attempting to complete a budget matrix. Is a consultant listed as a functional budget item or a line-item budget? Are indirect costs listed as a functional budget item or a line-item budget? My understanding from the reading

asked by Sarah on September 15, 2010
2. Hsm/220

You are the executive director of a local government workforce agency that focuses on developing training skills for high school dropouts. Determine which of the budget items listed would be necessary in order to calculate a

asked by glenna on July 4, 2012
3. Human Resourses

The department of education has awarded an agency a grant for 1.6 million to provide training,programming for school drop outs. Prepare a budget matrix to help award the agency. The matrix budget consists of line-item and

asked by Keisha on March 3, 2009
4. HSM 220 Week 6 Budget Matrix

I am having some help with this assignment. I have filled it in with what I think is correct but am not positive with my answers. Can someone please help me? The assignment is due tomorrow (4-21-11) Budget Matrix You are the

asked by Kelly on April 20, 2011
5. social studies

Determine which of the budget items listed would be necessary in order to calculate a functional, line-item, and program budget. Mark an “X” for each budget item that would be used in each budget type. Budget items may be used

asked by carol on September 5, 2007
6. HSM 220 Budget Matrix

I am so confused on this assignment in HSM/220(Budget Matrix-Appendix B) and wondering if I am even close to being correct on showing where to place the X's for a Functional Budget,Line-item Budget & Total Program Budget) before I

asked by Renee on June 24, 2014

I need help understanding whether salaries are put into all categories of a program budget,line-item budget,and a functional budget matrix?

asked by Holly on September 27, 2013
8. hsm/220

could you tell me if i did this assignment right? Budget items Functional budget to determine personnel costs per member enrolled Line-item budget to determine total non-salary costs Total program budget Executive director salary

asked by glenna on July 4, 2012