The Saint Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of Saint Lucia. The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that hit neighboring islands causing many injuries. The hurricane largely bypassed Saint Lucia, but residents of Saint Lucia willingly donated their 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 banks ability to demonstrate control over its costs.

Saint Lucia Blood Bank

Cost Control Report

For the Month Ended September 30

Actual ResultsPlanning BudgetVariances

Liters of blood collected550430

Medical supplies$ 10,707$ 8,815$ 1,892U

Lab tests5,9945,762232U

Equipment depreciation4,6904,300390U

Rent1,9001,9000

Utilities1,056950106U

Administration13,07112,491580U

Total expense$ 37,418$ 34,218$ 3,200U

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$20.50q

Lab tests$13.40q

Equipment depreciation$4,300

Rent$1,900

Utilities$950

Administration$10,900 + $3.70q

Book The Saint Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of Saint Lucia The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that he neighboring Islands cousing many injuries. The hurricane largely bypassed Saint Lucia, but residents of Saint Lucie willingly donated their 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 les costs. Saint Lucie Wood Bank Cost Control Report For the Month Ended September 30 Planning Actual Rests Budget Varices Liters of blood collected 550 430 Medical supplies $10,707 $ 3,015 $1,692 Lab tests 5. 5,762 232 tquipment depreciation 4,690 6.100 390 Kent 1.100 1,000 Utilities 1,050 950 106 Administration 12.491 SU Total expense $ 37,411 $ 34,210 $ 3,00 Hint Prom 11.01 lorences 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 formules were used to construct the planning budget Cost Formulas Book The Saint Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of Saint Lucia The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that he neighboring Islands cousing many injuries. The hurricane largely bypassed Saint Lucia, but residents of Saint Lucie willingly donated their 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 les costs. Saint Lucie Wood Bank Cost Control Report For the Month Ended September 30 Planning Actual Rests Budget Varices Liters of blood collected 550 430 Medical supplies $10,707 $ 3,015 $1,692 Lab tests 5. 5,762 232 tquipment depreciation 4,690 6.100 390 Kent 1.100 1,000 Utilities 1,050 950 106 Administration 12.491 SU Total expense $ 37,411 $ 34,210 $ 3,00 Hint Prom 11.01 lorences 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 formules were used to construct the planning budget Cost Formulas Rent Utilities Administration Total expense 1,900 1,056 13,071 $ 37,418 1,900 950 12,493 $ 34,218 106 560U $ 3,200 u Book Hint 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 $20.50 Lab tests $13.400 Equipment depreciation $4,500 Rent $1,900 utilities 5950 Aoministration $10,900 - $3.700 Required: 1.Complete the flexible budget performance report for September (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie, zero variance). Input all amounts as positive values.) Print References Saint Lucia Flood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexitie nud panning Dudget Actual Equipment depreciation Rent Utilities Administration 54,00 $1,900 $950 $19,990.53.789 Required: 1. Complete the flexible budget performance report for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values.) Litors of blood collected Medical supplies Labtests Equipment depreciation Rent Utilities Administration Total expense Saint Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Actual Flexible Results Budget 550 S 10.707 5,994 4,690 1,900 1,056 13.071 $ 37.418 Planning Budget 430 $ 8.815 5.762 4300 1,900 950 12.491 $34218