Cost Formulas Medical supplies Lab tests Rent Utilities $13.50q $10.609 Equipment depreciation $2,900 $1,200 $600 $10,200+ $2.30q Administration Required: 1. Complete the flexible budget performance report for September. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Liters of blood collected (q) Medical supplies Lab tests Equipment depreciation Rent Actual Results 580 $ 7,590 5,060 3,220 1,200 678 11,768 Utilities Administration Total expenses $ 29,516 Saint Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexible Budget Planning Budget 460 $ 6,210 4,876 2,900 1,200 600 11,258 $ 27,044
Cost Formulas Medical supplies Lab tests Rent Utilities $13.50q $10.609 Equipment depreciation $2,900 $1,200 $600 $10,200+ $2.30q Administration Required: 1. Complete the flexible budget performance report for September. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Liters of blood collected (q) Medical supplies Lab tests Equipment depreciation Rent Actual Results 580 $ 7,590 5,060 3,220 1,200 678 11,768 Utilities Administration Total expenses $ 29,516 Saint Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexible Budget Planning Budget 460 $ 6,210 4,876 2,900 1,200 600 11,258 $ 27,044
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Cost Formulas
Medical supplies
Lab tests
Rent
Utilities
$13.50q
$10.609
Equipment depreciation
$2,900
$1,200
$600
$10,200+ $2.30q
Administration
Required:
1. Complete the flexible budget performance report for September.
Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero
variance). Input all amounts as positive values.
Liters of blood collected (q)
Medical supplies
Lab tests
Equipment depreciation
Rent
Actual
Results
580
$
7,590
5,060
3,220
1,200
678
11,768
Utilities
Administration
Total expenses
$ 29,516
Saint Lucia Blood Bank
Flexible Budget Performance Report
For the Month Ended September 30
Flexible
Budget
Planning
Budget
460
$ 6,210
4,876
2,900
1,200
600
11,258
$
27,044
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