as the nurse manager you will now need to determine the staff mix based on budgeted full time FTE's. consider the formula below

Actual Price per FTE x Actual Total Number of FTE's+= Budgeted cost

Using the figure in the table above for nursing labor ($52,575), calculate the actual cost and how you will divide the nursing labor expense based on skill mix. Consider safe staffing requirements, quality of care and operational needs to meet the demands of the new unit. Provide a detailed rationale of why and how you arrived at your decision.

Actual Volume-360

Budgeted volume-420

Actual $ spent on supplies-$8550

Budgeted $ for supplies-$7800

Actual Nursing labor-$58450

Budgeted Nursing Labor-$52575