ed winter Variatie month client Formula 30 307.200 03:30 200700 13:30 40 240 0.000000 3,500 Was 1600 1.500 2.500 30 137,200 of Chants The wory were Revenue 12.30 Wages and see $29,010 Foods and so 544.052 Faxentes $24.218 Administrative $7.880 DOS No al Clienti 31340 Required: Prepare a flexible budget for Al Khazran Hospital for February (2 Marks) Prepare a performance report for revenue and spending variances for February indicating whether they are Favourable (F) or Unlavourable u Marks) c Why is the flexible budget more useful than the static budget for assessing efficiency of managers? (1 Mark) kamna Hospital generales revenues through offering medical services. During February 2010, the Hospital budgeted for 3,300 the true clients were however, 3.340 The Hospital has provide you with the towing budget data for February Fixed Variable element per element per month client Formula Rovence $23.00 23.00 Wages and salaries $3,500 $7 20 3.600.7.200 Foods and supplies 1,500 13.30 1,000 13.000 Facility expenses 9.500 4.70 9.500 4.700 Administrative 6.800 0.40 expenses 6.800+0.400 Total expenses $37.200 511110 No. of Clients (0) 3,300 The actual results for February were as follows: Revenue $124,830 Wages and salarios $28,818 Foods and supplies $44,652 Facility expenses $24.218 Administrative $7,886 expenses No. of Clients (Q) 3,340 The two wo Reve 5124.800 Wages and stars 2018 Foods and suponies 544.652 Facily expenses $94.210 Administrative 17. expenses No. of Clients (0) 3.340 b Required: Prepare a flexible budget for Al Khaznah Hospital for February (2 Marks) Prepare a performance report for revenue and spending variances for February indicating whether they are avourabia (1) or Unfavouri (U). 14 Marks) Why is the flexible budget more useful than the static budget for assessing efficiency of managers? (1 Mark) For the toolbar, press ALT:10 (PCI O ALT-FN-F10Mac B / US Paragraph Arial 14px 5 c A