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The following revenue information was taken from Eastside Hospital's 2020 budget report: Revenues Costs Profits Actual Results $70,500,000 $42,435,500 $28,064,500 Static Budget $68,600,000 $42,100,000 $26,500,000

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The following revenue information was taken from Eastside Hospital's 2020 budget report: Revenues Costs Profits Actual Results $70,500,000 $42,435,500 $28,064,500 Static Budget $68,600,000 $42,100,000 $26,500,000 Flexible Budget $69,090,000 $42,365,000 $26,725,000 What is the revenues variance? (Hint: An unfavorable variance is identified by a minus sign.)

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