Variance Analysis: Below is the monthly accounting report for the radiology department, calculate the price, efficiency, intensity and volume variances and provide a written evaluation of its performance.

Expense Actual Budget $ Variance % Variance

Fixed Labor $11,000 $10,000 $1,000 10%

Variable Labor 116,000 100,000 16,000 16%

Supplies 38,000 30,000 8,000 27%

Professional Fees 90,000 100,000

Depreciation 10,000 10,000 0 0%

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Total $265,000 $250,000 $15,000 6%

Output: # of patients 2,100 2,000 100 5%

Service: X-Rays 5,100 5,000 100 2%

Inputs

Fixed Labor Hours 320 320 0 0%

Variable Labor Hours 2,800 2,500 300 12%

Films Used 6,048 5,000 1,048 21%

X-rays Interpreted 5,040 5,040 0 0%

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Expense Price Efficiency Intensity Volume Total

Fixed Labor _______ ______ _______ _______ _______

Variable Labor _______ ______ _______ _______ _______

Supplies _______ ______ _______ _______ _______

Professional Fees _______ ______ _______ _______ _______

Depreciation _______ ______ _______ _______ _______

Total _______ ______ _______ _______ _______

Variance Analysis: Below is the monthly accounting report for the radiology department, calculate the price, efficiency, intensity and volume variances and provide a written evaluation of its performance. Expense Fixed Labor Actual $11,000 $ Variance $1,000 % Variance 10% Variable Labor 116,000 16% 16,000 8,000 38,000 Supplies Professional Fees Budget $10,000 100,000 30,000 100,000 10,000 $250,000 Depreciation 90,000 10,000 $265,000 Total $15.000 Output # of patients 2.100 5,100 2,000 5,000 Service: X-Rays 320 Inputs Fixed Labor Hours 320 Variable Labor Hours 2,800 Films Used X-rays Interpreted 5,040 6,048 2,500 5,000 5,040 21% 0% Expense Price Volume Fixed Labor Variable Labor Supplies A|||||| Professional Fees |||||| Depreciation Total Variance Analysis: Below is the monthly accounting report for the radiology department, calculate the price, efficiency, intensity and volume variances and provide a written evaluation of its performance. Expense Fixed Labor Actual $11,000 $ Variance $1,000 % Variance 10% Variable Labor 116,000 16% 16,000 8,000 38,000 Supplies Professional Fees Budget $10,000 100,000 30,000 100,000 10,000 $250,000 Depreciation 90,000 10,000 $265,000 Total $15.000 Output # of patients 2.100 5,100 2,000 5,000 Service: X-Rays 320 Inputs Fixed Labor Hours 320 Variable Labor Hours 2,800 Films Used X-rays Interpreted 5,040 6,048 2,500 5,000 5,040 21% 0% Expense Price Volume Fixed Labor Variable Labor Supplies A|||||| Professional Fees |||||| Depreciation Total