Static Flexible Actual I. Volume FFS 30,000 visits 25,000 visits 25,000 visits II. Revenues FFS $30 per visit X 30,000 visits $900,000 $30 per visit. X 25,000 visits $750,000 $30 per visit X 25,000 visits $750,000 Total revenues III. Variable Costs FFS $15 cost per visit $16 cost per visit $15 cost per visit X 25,000 $375,000 X 30,000 visits $ 450,000 X 25,000 visits $ 400,000 Total costs Contribution Margin Fixed Costs $450,000 350,000 $375,000 350,000 $350,000 350,000 Profit $100,000 $ 25,000 SO 1). What are the total variance, volume variance, and management variance (see formulas below)? Explain your results Total Variance - Actual Profit - Static Profit Volume Variance static costs - flexible costs Management Variance flexible costs - actual costs