50 50 1 BUDGET OF AN OUTPATIENT CLINIC The Greenberg Clinic is an outpatient clinic for the Citizens of Palanan Community with the following costs and expenses estimated: Medicines, drugs and various medical supplies average P100 per patient per month Fixed costs is P15.000 per month (rent, depreciation of medical equipment, communication, insurance) One physician who is available on a contract basis is paid P50.000 a month Salary of a nurse is P25,000 per month. Other employees are engaged on a part-time basis at a cost of P50 an hour. Past experience shows that a part-time employee is required for every 50 patients served in a month. A typical part-time employee works 100 hours a month. A forecast of patients to be served in the last quarter shows: 900 patients for October, 1,100 patients for November and 1,200 patients for December. Required: 1. According to the estimates, how many part-time workers will be needed per month? Use the following data and the following format: Schedule showing wages paid to part time workers: October November December No of patients 900 1,100 No of patients per part time worker No of part time workers needed 18 No of working hours per month (100 per worker) 1,800 Wages of part time workers (P50 per hour) P90,000 2. Prepare a schedule showing costs of medicines and supplies for each month including the fixed costs. Use the following format: October November December No of patients Variable rate cost of medicine) P100 P100 Total variable cost P90,000 Fixed Costs 15,000 Total Cost of medicines and supplies P105,000 3. Prepare a monthly schedule summarizing cost of professional contract services to paid to practitioners, cost of medicines and supplies, salaries, part time labor cost. Use the following format: October November December Total Doctor's Contract Services Salaries of a nurse Medicines and Other Supplies (2) 105,000 Part Time Labor Cost (1) Grand Total P270,000 P310,000 P330,000 P910,000 Total revenues P500 450,000 consultation fee per patient Net income per mo/total P180.000 900 P100 XXX XXX