Here are the 2017 revenues for Nu-Kim Radiology for four different budgets:

Flexible Flexible

Static Enrollment & Utilization Enrollment Actual

Budget Budget Budget Results

$150,000 $140,000 $156,000 $162,000

Calculate the following:

a.Revenue Variance =

b.Volume Variance =

c.Price Variance =

d.Enrollment Variance =

e.Utilization Variance =

f.Interpret each variance:

1)Revenue Variance -

2)Volume Variance -

3)Price -

4)Enrollment Variance -

5)Utilization Variance -