NR 630 Week 4 Assignment, FTE/Variance Calculations
NR 630 Week 4 Assignment, FTE/Variance Calculations
Purpose:
The purpose of this assignment is to provide learners with the opportunity to gain financial management skills by calculating full-time equivalents for a nursing unit and analyzing a variance scenario.
Requirements:
Answer the questions and complete the calculations required for the two sections of the assignment.
- Calculations of full-time equivalents (FTEs)
- Variance analysis
Submit your answers on a Word document, with the heading of Week 4 Assignment. For the questions requiring a written response, please adhere to proper grammar and syntax, and provide references. For the questions requiring calculations, show all your work and follow the format that has been provided for the calculations in the lesson for Week 4.
Preparing the Paper:
Section One—Calculation of Full-Time Equivalents
Personnel Budget Case Study
Section Two—Variance Analysis
Variance Analysis Case Study