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St. Lucia. The blood bank has just finished its operations for September which was a particularly busy month due to powerful hurricane that hit neighboring

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St. Lucia. The blood bank has just finished its operations for September which was a particularly busy month due to powerful hurricane that hit neighboring Islands causing many injuries. The hurricane largely bypassed St. Lucia, but residents of St. Lucia willingly donated the 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. Lucia Blood Bank Cost Control Report For the Month Ended September 30 Actual Planning Results Budget Variances Liters of blood 560 440 collected Medical supplies $10,692 $ 8,800 $1,892 U Lab tests 5,888 233 U Equipment depreciation 4,585 4,200 385 U Rent 1,850 1,850 @ Utilities 1,029 104 U Administration 13,08912, 434 575 U Total expense $37,206 $34,017 $3,189 U 6,041 925 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 grateful recipients on the other islands. The government official who prepared the report countered that all of the figures had been submitted by the blood bank to the government, he was just pointing out that actual costs were a lot higher than promised in the budget. The following cost formulas were used to construct the planning budget Cost Formulas Medical supplies $20.80 Lab tests $13.20 Equipment $4,200 depreciation Rent $1,850 Utilities $925 Administration 510,850 + 53.680 Required: .Complete the flexible budget performance report for September (Indicate the effect of each variance by selecting "F" for favorable. "Ufor unfavorable, and "None" for no effect (le, ero variance). Input all amounts as positive values.) St. Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 20 Actual Flexible Results Budget 560 Planning Budget 440 Laers of blood collected $ 10,692 6041 Medical supplies Labtests Equipment depreciation Rent Ucaties Administration 4,565 1,850 1,029 13,009 $ 37 206 $ 8,800 5,808 4,200 1.850 925 12.434 $34,017 Total expense

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