The St. Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of St. 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 St. Lucia, but residents of St. 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. St. Lucia Blood Bank Cost Control Report For the Month Ended September 30 Actual Results Planning Budget Variances Liters of blood collected 580 460 Medical supplies $ 10,626 $ 8,740 $ 1,886 U Lab tests 6,123 5,888 235 U Equipment depreciation 4,375 4,000 375 U Rent 1,750 1,750 0 Utilities 975 875 100 U Administration 12,879 12,314 565 U Total expense $ 36,728 $ 33,567 $ 3,161 U 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 $19.00q Lab tests $12.80q Equipment depreciation $4,000 Rent $1,750 Utilities $875 Administration $10,750 + $3.40q Required:

1.Complete the flexible budget performance report for September.

St. Lucia Blood Bank
Flexible Budget Performance Report
For the Month Ended September 30
	Actual Results	Revenue and Spending Variances		Flexible Budget	Activity Variances		Planning Budget
Liters of blood collected	580						460
Medical supplies	$10,626						$8,740
Lab tests	6,123						5,888
Equipment depreciation	4,375						4,000
Rent	1,750						1,750
Utilities	975						875
Administration	12,879						12,314
Total expense	$36,728						$33,567