please complete price, quantity/volume, total variance (box circled)

Price and Quantity/Volume Variance -Analyze the drivers of the variance -May pinpoint what you can control Your healthcare clinic is responsible for flu shots. Budget Actual Variance Revenue 400,000 354,750 (45,250) U Quantity/Volume 8,000 8,250 250 Price per Flu Shot $50 $43 Price Variance Formula (Actual P - Budget P) x Actual V = $ Quantity/Volume Variance Formula (Actual OfV Budget OfV) x Budget P = $$ Price Quantity/Volume Total Variance Problem: If more flu shots were given than budgeted for, why was there less revenue? How much of the Total Variance is due to Price and how much is due to Quantity/Volume? Was Price or Quantity/Volume controllable