H B C D E F G 1 2 Refer to Carroll Clinic's 2015 operating budget contained in Exhibit 3 8.3. Instead of the actual results reported in Exhibit 8.4, assume the 4 results reported below: 5 Carroll Clinic New 2015 Resules 6 7 8 9 10 11 34.000 30,000 members 360,000 AFFS 1. Caplesed lives Number of memberonths Actualization per member month Number of Totalaus 0.12 43200 12 13 14 15 -16 17 18 19 $ pler ma 59 12 PMINE mm 20 21 22 22 24 25 26 27 29 29 30 92 Problem Problem 2 Soled destination and press ENTER or choose Paite Type here to search Hi G II. Cae A Variable Coss: Labor Supplies Toual variable costs Variable cose per visit B. Hred Coss Overhead, plant, and equipment C Total actual costs IV. Prayit and la SE Revenues $1,242,000 (46,000 hours $27/hour) 126,000 (90,000 unles at S140/unit) $1,368,000 $ 17.72 ($1,368,000 77 200) $ 525.000 51.893,000 TES Capitaned $ 952.000 990.000 $1,975.000 Total Costs: Variable: FES Capitated Total Combation margin Fixed CORDS Anal prodhi $ 602,487 765,513 $1,368.000 $ 574.000 525.000 s 49.000 a. Construct Carroll's flexible budget for 2015, B49 X H A D F 58 9 b. What are the profit variance, revenue variance, and cost variance? 50 51 52 53 64 65 66 67 68 69 70 c. Consider the revenue variance. What is the component volume 71 variance? The price variance? 72 73 74 75 76 77 78 79 80 81 82 83 B4 d. Break down the cost variance into volume and management 85 components 86 87 88 89 Problem Problem Problem File Home insert FO B49 X A B G H 93 94 95 e. Break down the management variance into labor, supplies, and 96 fixed costs variances. 97 98 199 100 101 102 103 104 105 106 107 108 1. Interpret your results. In particular, focus on the differences 109 between the variance analysis here and the Carroll Clinic 110 illustration presented in the chapter. 111 112 113 114 115 116 117 118 119 120 121 122 120 124 Protam H B C D E F G 1 2 Refer to Carroll Clinic's 2015 operating budget contained in Exhibit 3 8.3. Instead of the actual results reported in Exhibit 8.4, assume the 4 results reported below: 5 Carroll Clinic New 2015 Resules 6 7 8 9 10 11 34.000 30,000 members 360,000 AFFS 1. Caplesed lives Number of memberonths Actualization per member month Number of Totalaus 0.12 43200 12 13 14 15 -16 17 18 19 $ pler ma 59 12 PMINE mm 20 21 22 22 24 25 26 27 29 29 30 92 Problem Problem 2 Soled destination and press ENTER or choose Paite Type here to search Hi G II. Cae A Variable Coss: Labor Supplies Toual variable costs Variable cose per visit B. Hred Coss Overhead, plant, and equipment C Total actual costs IV. Prayit and la SE Revenues $1,242,000 (46,000 hours $27/hour) 126,000 (90,000 unles at S140/unit) $1,368,000 $ 17.72 ($1,368,000 77 200) $ 525.000 51.893,000 TES Capitaned $ 952.000 990.000 $1,975.000 Total Costs: Variable: FES Capitated Total Combation margin Fixed CORDS Anal prodhi $ 602,487 765,513 $1,368.000 $ 574.000 525.000 s 49.000 a. Construct Carroll's flexible budget for 2015, B49 X H A D F 58 9 b. What are the profit variance, revenue variance, and cost variance? 50 51 52 53 64 65 66 67 68 69 70 c. Consider the revenue variance. What is the component volume 71 variance? The price variance? 72 73 74 75 76 77 78 79 80 81 82 83 B4 d. Break down the cost variance into volume and management 85 components 86 87 88 89 Problem Problem Problem File Home insert FO B49 X A B G H 93 94 95 e. Break down the management variance into labor, supplies, and 96 fixed costs variances. 97 98 199 100 101 102 103 104 105 106 107 108 1. Interpret your results. In particular, focus on the differences 109 between the variance analysis here and the Carroll Clinic 110 illustration presented in the chapter. 111 112 113 114 115 116 117 118 119 120 121 122 120 124 Protam
