1. BUDGETARY PLANNING 24  Budgeting basics  Operating budget  Cash budget  Non-manufacturing firms

2. Jan-04Feb-04Mar-04 500Asst Living500 1,750Skilled Nursing1,750 500ST Rehab550600 2,750 Total2,8002,850 $ 42,000Asst Living$ 42,000 204,800Skilled Nursing204,800 67,500ST Rehab74,30081,000 $314,300 Total$321,100$327,800 Revenue Sales Budget

3. Jan-04Feb-04Mar-04 Dietary $ 25,000Wages$ 25,000 34,100Food34,70035,300 15,900RN Salaries15,900 33,200LPN Salaries33,200 Nursing Expense Budget

4. Patient Days Cost ($000s) 2,6502,7002,7502,8002,850. 108. 110. 112. 114 Nurse Aide Salaries $4,216 124 Variable cost: $4,216 124 = $34/pday Fixed cost: $112,914 - $34 x 2,821 = $17,000

5. 110,500Nur Aide Sal112,200113,900 13,300PT, OT, & ST14,60015,900 Jan-04Feb-04Mar-04 Dietary $ 25,000Wages$ 25,000 34,100Food34,70035,300 15,900RN Salaries15,900 33,200LPN Salaries33,200 Nursing Expense Budget

6. $ 45,000Laundry, etc$ 45,000 16,800Depreciation16,800 $293,800 Total Exp$297,400$301,000 A&G Exp $ 20,500Operating Inc$ 23,700$ 26,800 Expense Budget

7. Jan-04Feb-04 $ 21,000Beg Cash$ 34,700 $246,800Cust - Current$246,800 64,200Cust - Prior67,500 $311,000 Total$314,300 $197,900Accnt - Current$200,900 76,400Accnt - Prior79,100 48,000Asset Purchase $322,300 Total$280,000 Disbursmnt Receipts $ 9,700Subtotal$ 69,000 $ 34,700End Cash$ 69,000 25,000Financing Cash Budget