Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is revenue variances and is it favorable or unfavorable? Revenue Variances I II III IV Outpatient Product Line FY11 YTD Budget Actual OP Revenue
What is revenue variances and is it favorable or unfavorable?
| Revenue Variances | ||||
| I | II | III | IV | |
| Outpatient Product Line | FY11 YTD Budget | Actual OP Revenue (FY11 YTD) | Revenue Variance (I-II) | Favorable / Unfavorable |
| CARDIOLOGY | $ 6,119 | $ 1,205,390 | ||
| ENDOCRINOLOYGY | $ 6,104 | $ 683,609 | ||
| FAMILY MED | $ 6,019 | $ 3,828,120 | ||
| GYN | $ 6,000 | $ 695,991 | ||
| ENT | $ 6,011 | $ 2,530,484 | ||
| MENTAL HEALTH | $ 503 | $ 370,200 | ||
| NEWBORN | $ 7,015 | $ 3,037,369 | ||
| OB | $ 5,714 | $ 4,959,448 | ||
| ORTHO | $ 6,084 | $ 1,667,066 | ||
| PEDIATRICS | $ 6,002 | $ 432,119 | ||
| PODIATRY | $ 6,018 | $ 4,814,512 | ||
| Total Outpatient Revenues | $ 61,587 | $ 24,224,308 | ||
| Unit Forecasted For (FY11) | Unit Price (Budget FY11) | Projected OP Revenue For FY11 | Actual (FY11 YTD) | Actual OP Revenue (FY11 YTD) |
| 677 | $6,118.73 | $ 4,142,380 | 197 | $ 1,205,390 |
| 228 | $6,103.65 | $ 1,391,632 | 112 | $ 683,609 |
| 1,161 | $6,019.06 | $ 6,988,125 | 636 | $ 3,828,120 |
| 219 | $5,999.92 | $ 1,313,983 | 116 | $ 695,991 |
| 724 | $6,010.65 | $ 4,351,711 | 421 | $ 2,530,484 |
| 1,351 | $502.99 | $ 679,539 | 736 | $ 370,200 |
| 733 | $7,014.71 | $ 5,141,782 | 433 | $ 3,037,369 |
| 1,501 | $5,713.65 | $ 8,576,189 | 868 | $ 4,959,448 |
| 631 | $6,084.18 | $ 3,839,118 | 274 | $ 1,667,066 |
| 130 | $6,001.65 | $ 780,215 | 72 | $ 432,119 |
| 2,152 | $6,018.14 | $ 12,951,037 | 800 | $ 4,814,512 |
| 9,507 | $61,587 | $50,155,711 | 4,665 | $24,224,308 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Sustainability Performance And Reporting
Authors: Irene M. Herremans
1st Edition
1951527208, 9781951527204
