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The SaInt Lucla Blood Bank, a prlvate charlty partly supported by government grants, Is located on the Carlbbean Island of SaInt Lucla. The blood bank

image text in transcribed The SaInt Lucla Blood Bank, a prlvate charlty partly supported by government grants, Is located on the Carlbbean Island of SaInt Lucla. The blood bank Just finished its operations for September, which was a very busy month because a powerful hurricane caused many Injurles on neighboring Islands. The hurricane largely bypassed Salnt Lucla, but residents of Salnt Lucla willingly donated their blood to help people on other Islands. As a consequence, the blood bank collected over 20% more blood than orlginally planned for the month. A report prepared by a government officlal 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 its costs. The managing director of the blood bank was very unhappy with the unfavorable varlances in this report, clalming his costs were higher than expected due to the emergency on the nelghboring Islands. He also pointed out the additional costs had been fully covered by payments from grateful recipients on the other Islands. The government officlal who prepared the report countered that all figures had already been submitted by the blood bank to the government; he was just pointing out actual costs were a lot higher than promised In the budget. The following cost formulas were used to prepare the planning budget: Required: 1. Complete the flexible budget performance report for September. Note: Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positlve values

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