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bkb1956
bkb1956, Finance Enthusiast
Category: Finance
Satisfied Customers: 3282
Experience:  IRS Enrolled Agent, 18+ years of experience in tax preparation with associated finance experience.
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I am trying to calculate the amount of PPD spent in a

Customer Question

I am trying to calculate the amount of PPD spent in a nursing home.
My budgeted PPD is 5.18 so I know I take 5.18 x number of residents=64xnumber of days x30 in the month to get my budgeted amount for the month=9945.6.
What I don't know how to do:
I have spent 7600 for the month. I need to know how to figure the PPD amount spent vs. budgeted PPD for the month please.
Submitted: 7 months ago.
Category: Finance
Expert:  bkb1956 replied 7 months ago.

Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

Based on the information you provided, you have spent approximately 76% of your budgeted PPD for the month.

Please let me know if I can assist you further.

Thank you and best regards,

Barb

Customer: replied 7 months ago.
Would you mind telling me how to calculate the amount
Expert:  bkb1956 replied 7 months ago.

Not at all.

Divide what you spent (7600) by your budgeted amount (9945.60). That gives you .7641.

Expert:  bkb1956 replied 7 months ago.

Please take a moment to rate my answer since that is the only way I receive credit for answering you today.

Expert:  bkb1956 replied 7 months ago.

Just following up with you to see if you have any other questions. If so, please let me know so I can further assist you.

Best regards,

Barb