Question
Payer Mix Budgeted :Blue Cross40%Highmark60%Reimbursment Rates Budgeted:Blue Cross $25per visitHighmark$20per visitPayer Mix Actual :Blue Cross40%Highmark60%Reimbursment Rates Actual:Blue Cross $28per visitHighmark$18per visit Chelsea Clinic's actual and
Payer Mix Budgeted :Blue Cross40%Highmark60%Reimbursment Rates Budgeted:Blue Cross $25per visitHighmark$20per visitPayer Mix Actual :Blue Cross40%Highmark60%Reimbursment Rates Actual:Blue Cross $28per visitHighmark$18per visit
Chelsea Clinic's actual and budget information for 2017 is listed below, we will use this to calculate the flexible budget.
When calculating the flexible budget, we will use the actual volume but the budget rates.
Based on this information, calculate the flexible budget for total costs (include the fixed proportion).
Choice: $1,000,000
Choice: $1,980,000
Choice: $2,000,000
Choice: $3,000,000
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