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

Static Flexible Enrollment & Utilization Flexible Enrollment Actual Budget Budget Budget Results

$150,000 $140,000 $156,000 $162,000 Calculate the following:

Interpret each variance:

1) Revenue Variance

2) Volume Variance

3) Price

4) Enrollment Variance

5) Utilization Variance