A variance report indicates the following:

Cost Center: Nursing Month: March Unit: Intensive Care Unit Manager: Jenny Curtis Item: Actual Budget Variance Prior Explanation Plan Salaries Productive 85,670 76,243 (12.4)% 80,107 Salaries Overtime 4,547 6,701 32.1% 9,611 Salaries Contract 18,319 8,734 (109.7)% 13,919 Ed/Orient 8,279 9,184 9.9% 7,119 Total Salary Expense 117,715 102,932 (14.4)% 111,027 Supplies 19,760 17,355 (1.1)% 19,650 Units of Service (UOS) 680 655 1% 665 Revenue Month 339,501 318,724 1% 286,985 Year-to-date (YTD)

1,700,790 1,632,062 10% 1,488,463

a. What are the major areas of variance?

b. What issues do you see?

c. What would be your plan of action?

AppendixLO1