has changed over the budget period. In order to calculate the volume variance and break it down into enrollment and utilization components, how many flexible budgets must be constructed? Problems millions of dollars): Revenues$4.7 Costs Profits Static Flexible Actual Budget Budget Results $4.8 4.1 0.7 $4.5 4.2 0.3 4.1 Copying and distribution of this PDF is prohibited without written permission. For permission, please contact Copyright Clearance Center at www.copyright.com Edition nting and Financial Management Sixth