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Using the following scenario find 1.Based on the total cost incurred in each area, which area has the lowest cost per patient/customer (was most efficient
Using the following scenario find
1.Based on the total cost incurred in each area, which area has the lowest cost per patient/customer (was most efficient in serving the# of customers or patients in its respective area)?
NHM 475: Management of Food Service Systems Financial Management Analysis Scenario 2 Income Statement The Foodservice Department at Riverside Regional Medical Center (RRMC) is divided into 5 areas: Patient Foodservice, Employee Cafeteria, Visitor Caf, Vending and Catering. Each month, information on the number of guests and patients served in each area is collected except for "vending". The information from revenue and expenses are also recorded and presented below in an Income Statement. Riverside Regional Medical Center (RRMC) Foodservice Department Employee $ 271,442 $45,431 20,610 43,991 $381,474 Income Statement August 20XX Catering Patient FoodserviceCafeteria Visitor TOTAL Income # Guests Patient Census 55,744 5,907 5,125 45,255 Expenses $30,301 $21,032 $17,794 $22,435 $14,571 $11,822 $6,940 $124,895 $112,815 $14,848 $7,203 $39,590 $5,088 $14,570$1,890 $15,569 $2,035 $18,296$2,326 $16,248 $1,894 $1,803 $938 $1,001 $5,389 $2,002 $2,156 $1,463 $1,694 S0 $1,548 $14,252 $274,013 $82,171 $40,432 $38,555 $45,241 $35,343 $11,822 $20,449 Grocery Fresh/Frozen $936 $0 $1,804 Supplements $1,615 $165,478 $16,314 $373,380 Salaried Hourly $175,469 $157,390 $20,437 $3,770O $1,278 $4,142 $2,256 579 $187 $405 Cleaning Supplies $400 Paper Repairs/Maint Office Supplies China/silver Books/Mag $1,260 $0 $2,256 $382 $479 $0 $O $258 $0 $258 $0 $0 $0 $0 $895 Total Expenses $305,430 272,944 $36,058 $11,338 $31,497$822,745Step by Step Solution
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