Check my work 5 10 DO The St. Lucia Blood Bank, a privato charity partly supported by government grants, is located on the Caribbean island of St. Lucia. The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that it neighboring Islands causing many injuries. The hurricane largely bypassed St. Lucio, but residents of St. Lucia willingly donated their blood to help people on other islands. As a consequence, the blood bank collected and processed over 20% more blood than had been originally planned for the month A report prepared by a government official comparing actual costs to budgeted costs for the blood bank appears below. Continued support from the government depends on the blood bank's ability to demonstrate control over its costs. St. Lucia Blood tank Cost Control Report Tot the Month Ended September 30 Actual Planning Results budget Variances Liter of blood collected Hint 569 440 Medical supplies Tupent depreciation Tent Ulte Monstration Total expen 57,881 63801.408 U 3,025 4,840 185 3,630 3.100 3300 1,300 1.300 733 650 11.920 11.400 5200 $30,195 $27,670 32.5250 References The managing director of the blood bank was very unhappy with this report, claiming that his costs were higher than expected due to the emergency on the neighboring Islands. He also pointed out that the additional costs had been fully covered by payments from grateful recipients on the other Islands. The government official who prepared the report countered that all of the figures had been submitted by the blood bank to the government he was just pointing out that actual costs were a lot higher than promised in the budget The following cost formulas were used to construct the planning budget Controls Hadical suppe 916.500 $11.000 depreciation 3), 100 3.100 3650 Ministration 510,300+ 2.500 Required 1 Complete the exible budget performance report for September indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effectiezero variance). Input all amounts as positive values.) Administration $10,30 5.14 Required: 1. Complete the flexible budget performance report for September. (Indicate the effect of each variance by selecting favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) tes St. Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexible Budget Actual Results 560 Planning Budget 440 Liters of blood collected $ S Medical supplies Labtests Equipment depreciation Rent Utilities Administration 7,788 5,025 3,430 1.300 6,380 4,840 3.100 1,300 650 11,400 27,670 732 11,920 $ 30,195 Total expense $
