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7. What is the variance and percent of variance for each item leted is the department budget shown in the table below? Round to

7. What is the variance and percent of variance for each item leted is the department budget shown in the table below? Round to two decimal poin Item Supplies Outside temp service Travel Conference fees Postage Subscriptions Maintenance contracts Community Hospital Health Information Department Fiscal Year 20XX Budget Amount $1,500 $10,500 $2,500 $750 $2,000 $325 $6,000 Actual Amount $1,495 $8,500 $2,575 $800 $1,035 $320 $3.525 Variances

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