Actual Static Budget Static Budget Varinace

lab samples collected 950.00 730.00 220.00

Variable costs:

Medical supplies $15,435.00 $11,169.00 $4,266.00

Lab tests 16,863.00 13,578.00 3,285.00

Refreshments for staff 1,980.00 1,606.00 374.00

Admin Supplies 397.00 584.00 ( 187.00)

Total variable cost 34,675.00 26,937.00 7,738.00

Prepare a Flexible Budget, Flexible Budget Variance and Sales Variance table based on the above. Calculate to nearest dollar I will upvote right away.

a) What number of samples collected should your Flexible Budget be calculated using_____

b) what is the sales Volume Variance for Administrative supplies

c) what is the for flexible budget variance for lab tests?

d) if fixed costs are $27,500 per month and the selling price per laboratory samples collected is $50 how many lab samples collected are required to break even each month (use VC calculated in your flexible budget round to the nearest unit.