The St. Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of St. Lucla. The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that hit. nelghboring Islands causing many injuries. The hurticane largely bypassed St. Lucia, but residents of St. Lucia wilingly donated thelt 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 actuai 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-mariaging director of the blood bank was very unhappy with this report, claiming that his cosis 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 reciplents 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 actuai costs were a lot higher than promised in the budget. The following cost formulas were used to construct the planning budget: The following cost formulas were used to construct the planning budget: Required: 1.Complete the flexible budget performance report for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) The St. Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of St. Lucla. The blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that hit. nelghboring Islands causing many injuries. The hurticane largely bypassed St. Lucia, but residents of St. Lucia wilingly donated thelt 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 actuai 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-mariaging director of the blood bank was very unhappy with this report, claiming that his cosis 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 reciplents 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 actuai costs were a lot higher than promised in the budget. The following cost formulas were used to construct the planning budget: The following cost formulas were used to construct the planning budget: Required: 1.Complete the flexible budget performance report for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)
