Given the assumptions below, calculate the following: CH 15 3 POINTS 3 A. Actual Net Revenue B. Budgeted Net Revenue C. Actual Total Expenses D. Budgeted Total Expenses E. Actual Net Income F. Budgeted Net Income G. Static Variance for each line item H. State whether each line is favorable or unfavorable 3 2 2 Assumptions: 1. Actual number of procedures performed are 1,500. 2. Budgeted number of procedures were 1,250. 3. Revenue per procedure is $450. Actual Expenses for the period were: a. Salaries and Benefits b. Supplies c. Insurance - General d. Malpractice e. Depreciation - Building f. Depreciation - Equipment Question12 Wks1012 Question 13 Wkst013 Select destination and press ENTER 175,000 42,000 3,000 6,000 40,000 120,000 Questions Question14 Wkst014 Question 15E C o E F f. Depreciation - Equipment 1 . 120,000 386,000 Budgeted expenses for the period were: a. Salaries and Benefits b. Supplies c. Insurance - General d. Malpractice e. Depreciation - Building f. Depreciation - Equipment 155,000 28,500 2,000 5,000 40,000 120,000 350,500 ACTUAL AMOUNTS INCURRED STATIC BUDGET TOTALS STATIC BUDGET VARIANCE Number of Procedures Net Revenue Expenses: 13 Salaries & Benefits 14 Supplies 15 Insurance - General 16 Malpractice 17 Depreciation - Building 18 Depreciation - Equipment 19 Total Expenses 21 Operating Income