Mal The St. Lucia Blood Bark, a private chanty partly supported by goverment gratis located on the Caribbean island of Luca The Blood bankast ished its operations for September, which was a particularly busy month due to a powerful hurricane that hit neighboring islands causing many inaries The care largely bypassed St. Lucia, but residents of St Lucia wilingly donated their blood to help people on other islands. As a consequence, the blood bank collected and processed over 20% more blood than had been originally planned for the month A report prepared by a government official comparing actual costs to budgeted costs for tlood bank appears below Continued support from the government depends on the blood bank's ability to demonstrate control over its costs St Lucia Blood Bank Cost Control Report For the Month Ended September 30 Actus Panning Varances Litors of blood collected Medical oplos 5 $10.377 12 326 225 10.153 21 2U 2.176 U Equipment Depreciation 16220 5 35 875 TSU 757 U $40 532 The managing director of the blood bank was very unhappy with this report claiming that costs were higher than expected due to the emergency on the neighboring Islands. He also pointed out that the additions costs had been fully covered by payments from grateful recipients on the other islands. The government offical who prepared the report courtered that all of the figures had been submitted by the blood bank to the government he was just pointing out at a costs were a lot gran promised in the budget The following cost s were used to construct the planning budget Costomus Medical Equiment depreciation $1,300 51300 - $10 Required: 1. Complete the performance report for September using the flexible budget approach indicate the effect of each variance by selecting "F" for favorable. "Ufor unfavorable, and "Non zero variance Input all amounts as positive values. Do not round intermediate calculations and round your final answers to nearest whole dollar) St. Lucia Blood Bank Flexible Budget Performance Report The managing director of the blood bank was very happy with this report daming that his cou were higher than expected due to the emergency on the neighboring lands. He also pointed out that the additional costs had been Nily covered by payments from grateful repients on the other islands. The government official who prepared the report countered that all of the figures had been submitted by the blood bank to the goverment he was just pointing out that actual couts were a lot higher than promised in the budget The flowing com es were used to construct the planning budget Medical supplies La Equipment depreciation Cost Formu $11.750 $14500 $1700 $13.00 - $10 Required: 1. Complete the performance report for September using the exitie budget approach indicate the effect of each variance by selecting for favorable, "Ufor unfavorat zero variance Input all amounts as positive values. Do not round intermediate calculations and round your final answers to nearest whole dollar) St. Lucia Blood Bank Flexib budget Performance Report For the Month Ended September 30 Spending Varances $ 0.377 Administration
