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Privett Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below: Budgeted number of patient-visits 2,700 Supplies (@ $2.70 per
Privett Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below:
Budgeted number of patient-visits | 2,700 | ||
Supplies (@ $2.70 per patient-visit) | $ | 7,290 | |
Laundry (@ $4.20 per patient-visit) | 11,340 | ||
Salaries | 21,270 | ||
Occupancy costs | 20,610 | ||
Total | $ | 60,510 | |
Actual results for the month were:
Actual number of patient-visits | 2,980 | ||
Supplies | $ | 6,956 | |
Laundry | $ | 12,126 | |
Salaries | $ | 22,300 | |
Occupancy costs | $ | 21,980 | |
The spending variance for supplies costs in the flexible budget performance report for the month is:
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