Almana Hospital Comparison of Actual Results to Planning Budget For the Month Ended May 31 Plannin Budge Actual Results Variances Patient-visits Revenue ($36.40q) Expenses 2,000 $76,110 2,400 $83,520 Personnel expenses ($20,400 $10.40q) 43,240 44,62 Medical supplies ($1,100 + $6.60q) 13,990 16,29 Occupancy expenses ($6,400 + $1.50q) 9,400 9,500 Administrative expenses ($2,400 $0.40q) Total expense Net operating income 3,080 3,420 70,110 $6,000 73,700 $9,900 Required Prepare a report showing the hospital's revenue and spending variances for May. Label each variance as favorable (F) or unfavorable (U). Fill in the last column of the table above