components, how many flexible budgets must be constructed? Problems 8.1 Consider the following 2015 data for Newark General Hospital (in millions of dollars): Static Flexible Budget $4.8 4.1 0.7 Actual Results $4.5 4.2 0.3 Bud Revenues S4.7 Costs Profits 4.1 0.6 Copying and distribution of this PDF is prohibited without written permission For permission, please contact Copyright Clearance Center at www.copyright.com