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Please help me answer this 8.2 Here are the 2015 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars):
Please help me answer this 8.2 Here are the 2015 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars): Static Flexible (Enrollment/Flexible (Enrollment) Actual Results Budget Utilization) Budget $425 Budget $180 $200 $300 a. What do the budget data tell you about the nature of Wendover's patients: Are they capitated or fce-for-service? (Hint: See the note to Exhibit 8.7.) b. Calculate and interpret the following variances: Revenue variance Volume variance Price variance Enrollment variance Utilization variance
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