Purpose This assignment provides learners with the opportunity to apply budgeting knowledge and skills by calculating full-time equivalents for a nursing unit, projecting FTE needs related to census changes, and analyzing a variance scenario. Week 4: Staffing Budgets/FTEs/Variance Analysis Agreement V1 (Links to an external site.) Due Date:  Sunday 11:59 p.m. MT at the end of Week 4 Students are given the opportunity to request an extension on assignments for emergent situations. Supporting documentation must be submitted to the assigned faculty. If the student's request is not approved, the assignment is graded and a late penalty is applied as follows: If the student's request is approved, the student will be informed of the revised due date. Should the student fail to meet the revised due date, the assignment is graded and a late penalty is applied as follows: Description of the Assignment This assignment is in two scenario-based sections each related to staffing budgets. In the first, the student will perform multistep calculations of FTEs and projection of future FTE needs for a selected nursing unit. The second section involves calculation of budget variance and its analysis. Each section requires supported written interpretation of findings.   Criteria for Content Answer the questions and complete the calculations required for the two sections of the assignment. Key points related to Calculations: When performing calculations, standard rounding rules apply. If the number to the right of the decimal is less than 5, round down to the nearest whole number, e.g., 33.4 = 33 If the number to the right of the decimal is 5 or greater, round up to the nearest whole number, e.g. 33.5 =34. Read the question carefully. Pay close attention to the units be asked and keep them consistent. For example, hours vs FTEs; days vs months vs years. Provide ALL formulas with references. Designate which formula associates with which source. It is not sufficient to simply list the source at the beginning of the section. Write out the formula used BEFORE filling in the numbers. Example: Efficiency Variance + Volume Variance + Cost Variance = Total Variance Rundio, A. (2022). The nurse manager’s guide to budgeting and finance (3rd ed.). Sigma Theta Tau International. Section One: Staffing Budget and FTEs Calculations of full-time equivalents (FTEs) Project FTE needs related to census changes Section Two: Variance Analysis Calculating variance Variance analysis with explanation Download the Assignment Word Document and submit your answers directly onto the form. When completed, upload into the assignment portal in your course. 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 including the formula used. Include the references for formula chosen.

http://www.gallup.com/poll/180260/americans-rate-nurses-highest-honesty-ethical-standards.aspx. ; 2. http://www.roymorgan.com/findings/6797-image-of-professions-2016-201605110031Please write one page summarizing what you learned from each article. You can explain it in your own words, but must cite the article. Include an actual quote from the article and cite it. You need to use APA format to write the citation and references, but you can just write the paper in paragraphs and not formatted. Besides the topic, what do you find interesting about these two articles? Example:1. Paragraph explaining my article (citation)Article Reference in APA format2. Paragraph explaining my article (citation)Article Reference in APA format