Question
The following are budgeted and actual results for Cutting Edge Surgery Center: Surgical Volume: Budgeted 1,530, Actual Volume 1,152 Calculate the absolute (in volume units
The following are budgeted and actual results for Cutting Edge Surgery Center:
Surgical Volume: Budgeted 1,530, Actual Volume 1,152
Calculate the absolute (in volume units or dollars) variance relative to surgical volume.
| a. | -378 (unfavorable) | |
| b. | 1,530 (Favorable) | |
| c. | 378 (favorable) | |
| d. | -1,152 (Unfavorable) |
The following are budgeted and actual results for Cutting Edge Surgery Center:
Surgical Volume: Budgeted 1,530, Actual Volume 1,152
Surgery Revenues: Budgeted $545,250, Actual Revenue $449,445
Calculate the percent variance relative to surgical volume.
| a. | -24.71% (Unfavorable) | |
| b. | 24.71% (Favorable) | |
| c. | 26% (Favorable) | |
| d. | -22% (Unfavorable) |
The following are budgeted and actual results for Cutting Edge Surgery Center:
Surgery Revenues: Budgeted $545,250, Actual Revenue $449,445
Calculate the absolute (in dollars) variance relative to surgical revenues.
| a. | -$95,805 (Unfavorable) | |
| b. | $95,805 (Favorable) | |
| c. | -$449,445 (Unfavorable) | |
| d. | $545,250 (Favorable) |
The following are budgeted and actual results for Cutting Edge Surgery Center:
Surgery Revenues: Budgeted $545,250, Actual Revenue $449,445
Calculate the percent variance relative to surgical revenue.
| a. | -17.57% (Unfavorable) | |
| b. | 17.57% (Favorable) | |
| c. | 16.52% (Favorable) | |
| d. | -16.52% (Unfavorable) |
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Banking And Finance Managing The Moral Dimension
Authors: James Lynch
1st Edition
1855731762, 978-1855731769
