Consider the following data from the past year for the BSU General Hospital
		Static	Flexible	Actual
		Budget	Budget	Results
	Revenues	9,400,000	9,200,000	9,100,000
	Costs	5,200,000	5,300,000	5,500,000
	Profits	?	?	?
a)	Calculate and interpret the profit variance
b)	Calculate and interpret the revenue variance
c)	Calculate and interpret the cost variance
d)	Calculate and interpret the volume and price variances on revenue side
e)	Calculate and interpret the volume and management variances on cost side
f)	How are the variances calculated above related?