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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

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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 bank's ability to demonstrate control over its costs St. Lucia Blood Bank Cost Control Report For the Month Ended September 30 Actual Planning Budget Variances Liters of blood collected Results 540 420 Medical supplies Lab tests Equipment depreciation Rent Utilities Administration Total expense $ 7,938 $ 6,510 $ 1,428 U 4,973 4,788 185 U 3,640 3.300 340 U 1,400 1,400 786 700 86 U 12,064 11 534 530 U $ 30,821 5 28,232 5 2,569 U The following cost formulas were used to construct the planning budget: Medical supplies Lab tests Equipment depreciation Rent Utilities Administration Cost Formulas $15.509 $11.409 $3,300 $1,400 $700 $10,400 + $2.709 Darusivad 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 (i.e., zero variance). Input all amounts as positive values.) St. Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexible Budget Actual Results 540 Planning Budget 420 Liters of blood collected $ s Medical supplies Lab tests Equipment depreciation Rent Utilities Administration Total expense 7.938 4,973 3.640 1.400 786 12,064 30,801 6,510 4.788 3,300 1,400 700 11,534 28232 S $

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