1. Estimate the flexible budget
2. Calculate the revenue variance, volume variance, price variance
3. Calculate the profit variance, revenue variance and cost variance
4. Explain what results show with respect to the profit and revenue variances

	Static	Actual
Patient Visits	1,000	900
Net Patient Revenue	$10,000	$9,100
Variable Costs	$6,000	$5,580
Contribution Margin	$4,000	$3,520
Fixed Costs	$3,000	$2,900
Operating Income	$1,000	$620