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Problem 9-21 (Algo) Performance Report for a Nonprofit Organization (LO9-1, LO9-2, LO9-3, LO9-4) The St. Lucia Blood Bank, a private charity partly supported by government
Problem 9-21 (Algo) Performance Report for a Nonprofit Organization (LO9-1, LO9-2, LO9-3, LO9-4) The St. Lucia Blood Bank, a private charity partly supported by government Grants is located on the Caribbean land of St. Lucia The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that hit neighboring Islands causing many injuries. The hurricane largely bypassed St. Lucia, but residents of St Lucia willingly donated their blood to help people on other islands. As a consequence, the blood bank collected and processed over 20% more blood than had been originally planned for the month A report prepared by a government official comparing actual costs to budgeted costs for the blood bank appears below. Continued support from the government depends on the blood bank's ability to demonstrate control over its costs. st Blood Bank cost control report for the Month September 10 actual Result Citers of blood collected Variances 470 Medical supplies $ 10,5 $3,695 $1,000 Labtest 6,157 5,022 235 pent depreciation 4.70 900 70 u 1.700 1.700 4 350 980 Ainistration 12011 12251 Total expense $36,461333155), 143 Mont 0 The managing director of the blood bank was very unhappy with this report, claiming that his costs were higher than expected due to the emergency on the neighboring Islands. He also pointed out that the additional costs had been fully covered by payments from
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