Use the following data to calculate the variances in problems 8-1/ You have been asked by management to explain the variances in costs under your inpatient capitated contract. The following data is provided. Budget Actual Inpatient Costs $12,568,500 $16,618,350 Members 42.000 42,000 Admission Rate 0.070 0.095 Case Mix Index 0.90 0.85 Cost per Case (CMI - 1.0) $4.750 $4,900 What dollar amount of the total variance is attributed to Enrollment Variance? Show your calculations. What dollar effect did the increased admission rate have on cost? Show your calculations. The intensity of care delivered dropped from a budgeted case mix of 0.90 to an actual case mix of 0.85. What dollar effect did this have on actual costs? Show your calculations. Costs per case increased to $4,900 from a budgeted value of $4.750. This increased actual total costs by what amount? Show your calculations