Given the operating results provided below.

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

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