Budget	Actual
Volume Assumptions
FFS Visit Volume	50,000 visits	72,000 visits
Payer Mix:
Blue Cross	30%	30%
Highmark	70%	70%
Reimbursement Rates:
Blue Cross	$45 per visit	$38 per visit
Highmark	$40 per visit	$48 per visit
Variable Costs
Resource Inputs:
Labor	28,000 total hours	40,000 total hours
Supplies	80,000 total units	120,000 total units
Resource Input Prices:	$35.00 per hour	$38.00 per hour
Labor
Supplies	$2,50 per unit	$3.50 per unit
Fixed Costs	$500,000	$500,

2. What are the profit variance, revenue variance, and cost variance?
3. Considering the revenue side, what is the volume variance and price variance?
4. Considering the cost side, what is the volume variance and management variance?
5. Break the management variance into labor, supplies, and fixed cost variances.
6. Break down the labor and supplies variances into rate/price and efficiency/usage component