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provide work out The following are budgeted and actual revenues and expenses for a hospital. Budgeted Actual Revenues Surgical Volume 2,300 2,700 Gift Shop Revenues

provide work out

The following are budgeted and actual revenues and expenses for a hospital. Budgeted Actual Revenues Surgical Volume 2,300 2,700 Gift Shop Revenues $19,000 $22,000 Surgery Revenues $600,500 $569,325 Parking Revenues $14,600 $9,600 Expenses Patients Days 27,000 26,650 Pharmacy $120,000 $160,000 Misc Supplies $66,000 $59,000 Fixed Overhead Costs $808,000 $880,000 Using the Week 7 Assignment Budget and Variance Analysis Excel Template show your calculations: 1. Determine the total variance between the planned and actual budgets for Surgical Volume. Is the variance favorable or unfavorable? 2. Determine the total variance between the planned and actual budgets for Patient Days. Is the varian

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