Note this is a one-piece question. Please solve it in Microsoft word so I can be able to retrieve the answer easily. Or a download.

The question is complete don't bother on the missing part in Exhibit on exhibit 6.2. Its the table content that matters.

182 Gapenski's Fundamentals of Healthcare Finance exhibit 6.2. Instead following results: 6.3 Refer to Carroll Clinic's 2016 operating budget, contained in exhi the actual results reported in exhibit 6.3, assume the following 11,000 12,000 23,000 $95 $95 $ 350,000 1. Volume (Number of visits) Payer A Payer B Total II. Reimbursement (per Visit Payer A Payer B III. Costs Variable costs: Supplies Fixed costs: Labor Overhead Total IV. P&L Statement Revenues: Payer A Payer B Total revenues Variable costs Fixed costs Total Profit $1,000,000 500,000 $1,500,000 $1,045,000 1,140,000 $2,185,000 $ 350,000 1,500,000 $1,850,000 $ 335,000 a. What are the profit, revenue, and cost variances based on the simple (exhibit 6.4 budget? b. Construct Carroll's flexible budget for 2016. C. What are the profit, revenue, and cost variances based on the flexible d. Interpret your results. In particular, focus on the differences between th ance analysis here and the Carroll Clinic illustration presented in the es based on the flexible budget? 's between the vari- "presented in the chapter. Chapter 6: Planning and Budgeting A 9.000 De Perto EXHIBIT 62 Carroll Clinic: 2016 Operating Budget 12,000 21,000 100 90 $ 315,000 1. Volume (Number of visits) Payer A Payer B Total II. Reimbursement (per Visit) Payer A Payer B III. Costs Variable costs: Supplies Fixed costs: Labor Overhead Total IV. Forecasted P&L Statement Revenues: Payer A S Payer B Total revenues Variable costs Fixed costs Total costs Profit $1,035,000 500,000 $1,535,000 $ 900,000 1,080,000 $1,980,000 $ 315,000 1,535,000 $1,850,000 $ 130,000 verhead costs in 2016, primarily for contract support(e.g., accounting, bill- "S) and facilities expenses (e.g., rent, housekeeping, utilities). contains the budgeted (forecasted) 2016 P&L statement, the heart of the linic are forecasted to be ($100 ~ Number of ($90 x 12,000) = Chapter 6: Planning and Budgeting A 9.000 De Perto EXHIBIT 62 Carroll Clinic: 2016 Operating Budget 12,000 21,000 100 90 $ 315,000 1. Volume (Number of visits) Payer A Payer B Total II. Reimbursement (per Visit) Payer A Payer B III. Costs Variable costs: Supplies Fixed costs: Labor Overhead Total IV. Forecasted P&L Statement Revenues: Payer A S Payer B Total revenues Variable costs Fixed costs Total costs Profit $1,035,000 500,000 $1,535,000 $ 900,000 1,080,000 $1,980,000 $ 315,000 1,535,000 $1,850,000 $ 130,000 verhead costs in 2016, primarily for contract support(e.g., accounting, bill- "S) and facilities expenses (e.g., rent, housekeeping, utilities). contains the budgeted (forecasted) 2016 P&L statement, the heart of the linic are forecasted to be ($100 ~ Number of ($90 x 12,000) = 182 Gapenski's Fundamentals of Healthcare Finance exhibit 6.2. Instead following results: 6.3 Refer to Carroll Clinic's 2016 operating budget, contained in exhi the actual results reported in exhibit 6.3, assume the following 11,000 12,000 23,000 $95 $95 $ 350,000 1. Volume (Number of visits) Payer A Payer B Total II. Reimbursement (per Visit Payer A Payer B III. Costs Variable costs: Supplies Fixed costs: Labor Overhead Total IV. P&L Statement Revenues: Payer A Payer B Total revenues Variable costs Fixed costs Total Profit $1,000,000 500,000 $1,500,000 $1,045,000 1,140,000 $2,185,000 $ 350,000 1,500,000 $1,850,000 $ 335,000 a. What are the profit, revenue, and cost variances based on the simple (exhibit 6.4 budget? b. Construct Carroll's flexible budget for 2016. C. What are the profit, revenue, and cost variances based on the flexible d. Interpret your results. In particular, focus on the differences between th ance analysis here and the Carroll Clinic illustration presented in the es based on the flexible budget? 's between the vari- "presented in the chapter. Chapter 6: Planning and Budgeting A 9.000 De Perto EXHIBIT 62 Carroll Clinic: 2016 Operating Budget 12,000 21,000 100 90 $ 315,000 1. Volume (Number of visits) Payer A Payer B Total II. Reimbursement (per Visit) Payer A Payer B III. Costs Variable costs: Supplies Fixed costs: Labor Overhead Total IV. Forecasted P&L Statement Revenues: Payer A S Payer B Total revenues Variable costs Fixed costs Total costs Profit $1,035,000 500,000 $1,535,000 $ 900,000 1,080,000 $1,980,000 $ 315,000 1,535,000 $1,850,000 $ 130,000 verhead costs in 2016, primarily for contract support(e.g., accounting, bill- "S) and facilities expenses (e.g., rent, housekeeping, utilities). contains the budgeted (forecasted) 2016 P&L statement, the heart of the linic are forecasted to be ($100 ~ Number of ($90 x 12,000) = Chapter 6: Planning and Budgeting A 9.000 De Perto EXHIBIT 62 Carroll Clinic: 2016 Operating Budget 12,000 21,000 100 90 $ 315,000 1. Volume (Number of visits) Payer A Payer B Total II. Reimbursement (per Visit) Payer A Payer B III. Costs Variable costs: Supplies Fixed costs: Labor Overhead Total IV. Forecasted P&L Statement Revenues: Payer A S Payer B Total revenues Variable costs Fixed costs Total costs Profit $1,035,000 500,000 $1,535,000 $ 900,000 1,080,000 $1,980,000 $ 315,000 1,535,000 $1,850,000 $ 130,000 verhead costs in 2016, primarily for contract support(e.g., accounting, bill- "S) and facilities expenses (e.g., rent, housekeeping, utilities). contains the budgeted (forecasted) 2016 P&L statement, the heart of the linic are forecasted to be ($100 ~ Number of ($90 x 12,000) =