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Fillo72






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This message was updated on 12/6/2007 3:58:54 PM by Fillo72



Help!! I'm really struggling with a Q re budgeting
posted on: 12/6/2007 3:57:35 PM

Hi there, I've just joined and I'm wondering if there are any budget experts out there who may be able to help me out with the following?
I am in an absolutely desperate situation where I have been given the following question to answer and am at a loss at how to even begin to answer it as I have never had to work out budgets before. I would be eternally grateful if someone could help me out..

'You have prepared a budget for the Medical Council's expenses for the year ending 31 Dec 08 as follows:

Venue costs £34,000
Employee costs £100,000
Doctors' expenses £20,000

You submit this budget to the Council, and the budget is agreed, with the exception of doctors' expenses, which are to be increased by 12.5%.

This budget is to be charged to the following PCT' in proportion to the number of doctors in each PCT area as follows:

Richmond - 78 doctors
Brixton - 102 doctors.

Produce a budget for submission to the Brixton PCT.'


If anyone could help me out I would be eternally grateful. It seems extremely complicated and I'm not sure how to start. I'm sure I'm just being thick.

If you are able to help, thank you in advance.

 



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