B. Discuss how each key budget assumption might result in a budget variance, and name the variance that would be used to examine results associated with each assumption

Chelsea Clinic projected the following budget information for 2015:
Total FFS Visit Volume			90,000	visits
payer mix
Blue Cross			40%
Highmark			60%
Reimbursement rates:
Blue Cross			$ 25.00	per visit
Highmark			$ 20.00	per visit
Variable costs
Resource Inputs:
labor			48,000	total hours
supplies			100,000	total units
Resource Input Prices:
labor			$ 25.00	per hour
supplies			$ 1.50	per unit
Fixed costs (overhead, plant, and equipment)			$ 500,000.00