2. Given the following monthly expense report for the operating room calculate price, efficiency, intensity, and quantity variances for each object code, note management and clerical salaries are a fixed cost. Second write an explanation for why expenses differ from budget, one paragraph per expense line and create a table similar to table 11.4. Discuss how much of these variance the manager may be responsible for Expenses Actual Budget $Diff %Diff 4010 Management and clerical staff 4020 Staff Salaries 4212 Medical Supplies 4218 4410Electricity $16,975 $1,340,754 $102,260 $216,359 $9,622 $1,685,970 $17,500-$525-30090 $1,267,200 $73,554 5.80% $95,040 $7,220 7.60% $237,600-$21,241-8.94% -2.84% $1,627,243 $58,727 3.61% Surgical Instruments $9.903 -$281 Total Statistics Surgeries (output) OR minutes billed (activity) Input Units Management Salaries (hours paid) Staff Salaries (hours paid) Medical Supplies (surgical gowns/gloves) Surgical Instruments (supply carts) Electricity (kilowatt hours) Actual Budget $Diff %Diff 7,863 460,944 7,920 475,200 57 -14,256 0.72% 3.00% 352 212,346 48,236 11,484 93,877 352 211,200 47,520 11,880 95,040 1,146 716 396 1,163 0.00% 0.54% 1.51% 3.33% -1.22% 2. Given the following monthly expense report for the operating room calculate price, efficiency, intensity, and quantity variances for each object code, note management and clerical salaries are a fixed cost. Second write an explanation for why expenses differ from budget, one paragraph per expense line and create a table similar to table 11.4. Discuss how much of these variance the manager may be responsible for Expenses Actual Budget $Diff %Diff 4010 Management and clerical staff 4020 Staff Salaries 4212 Medical Supplies 4218 4410Electricity $16,975 $1,340,754 $102,260 $216,359 $9,622 $1,685,970 $17,500-$525-30090 $1,267,200 $73,554 5.80% $95,040 $7,220 7.60% $237,600-$21,241-8.94% -2.84% $1,627,243 $58,727 3.61% Surgical Instruments $9.903 -$281 Total Statistics Surgeries (output) OR minutes billed (activity) Input Units Management Salaries (hours paid) Staff Salaries (hours paid) Medical Supplies (surgical gowns/gloves) Surgical Instruments (supply carts) Electricity (kilowatt hours) Actual Budget $Diff %Diff 7,863 460,944 7,920 475,200 57 -14,256 0.72% 3.00% 352 212,346 48,236 11,484 93,877 352 211,200 47,520 11,880 95,040 1,146 716 396 1,163 0.00% 0.54% 1.51% 3.33% -1.22%