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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 3,600 Supplies (@ $3.50 per
Privett Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below:
Budgeted number of patient-visits | 3,600 | ||
Supplies (@ $3.50 per patient-visit) | $ | 12,600 | |
Laundry (@ $5.10 per patient-visit) | 18,360 | ||
Salaries | 18,960 | ||
Occupancy costs | 21,360 | ||
Total | $ | 71,280 | |
Actual results for the month were:
Actual number of patient-visits | 3,860 | ||
Supplies | $ | 12,300 | |
Laundry | $ | 19,407 | |
Salaries | $ | 19,635 | |
Occupancy costs | $ | 22,545 | |
The spending variance for supplies costs in the flexible budget performance report for the month is:
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