Chela Clinic projected the following budget information for Fiscal Year 2019.

Total Fee for Service (FFS) Visit Volume:90,000 visits

Payer Mix:

Blue Cross40%

United Health60%

Reimbursement Rates:

Blue Cross$25 per visit

United Health$20 per visit

Variable Costs:

Labor48,000 total hours

$25.00 per hour

Supplies100,000 total units

$1.50 per unit

Fixed Costs (overhead, plant, & equipment)$500,000

Chela Clinic's actual results for Fiscal Year 2019 are shown below:

Total Fee for Service (FFS) Visit Volume:100,000 visits

Payer Mix:

Blue Cross40%

United Health60%

Reimbursement Rates:

Blue Cross$28 per visit

United Health$18 per visit

Variable Costs:

Labor50,000 total hours

$28.00 per hour

Supplies150,000 total units

$1.50 per unit

Fixed Costs (overhead, plant, & equipment)$500,000

a.Construct Newport Clinic's static operating budget for Fiscal Year 2018.

b.Construct Newport Clinic's actual operating results for Fiscal Year 2018.