4. Interpret the meaning of a profit variance of $50,000 (negative). Answer. Profit variance of -50,000 means that actual 5. Interpret the meaning of a revenue variance of $100,000 (positive). 6. With respect to cost variance, what is the difference between the volume variance and management variance components? 7. Identify two factors that could contribute to a negative cost variance (actual costs greater than expected costs) for a healthcare organization 8. Identify two factors that could contribute to a positive revenue variance (actual revenues greater than expected revenues) for a healthcare organization