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Styles Pane Dictate Sensis 3. The following budget of The Bronx Surgery Center reflects the most recent historical quarter (in thousands of dollars): Simple
Styles Pane Dictate Sensis 3. The following budget of The Bronx Surgery Center reflects the most recent historical quarter (in thousands of dollars): Simple Flexible Actual Number of Surgery 1,200 1,300 1,300 Patient Revenue $3,400 $3,600 $3,535 Salary Expense $1,200 $1,300 $1,365 Non-salary Expens $800 $850 $785 Profit $800 $650 $785 The center assumes that all revenues and cost are variable and hence tied directly to patient volume. a. Explain how each amount in the flexible budget was calculated. (hint: examine the simple budget to determine the relationship of each budget line to volume. b. Determines the variance for each line of the P&L statement, both in dollar terms and percentage terms. c. What do the results in part b tell The Bronx Surgery Center's managers about the center's operations for quarter?
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