Write an interpretation for a simple and flexible budget using the below results

Simple Budget I. Volume (Number of Visits) Actual Results Variance Amount Variance % Payer A Payer B Total 12,500 13,500 26,000 12,000 13,000 25,000 (500) (3.7) (1,000) Il. Reimbursement (per Visit) Payer A Payer B $90 $95 $85 5.6 0.0 III. Costs: Variable Costs Supplies $156,000 $160,000 (4,000) (2.6) Fixed Costs Labor Overhead $375,000 150,000 $525,000 $400,000 160,000 $560,000 (25,000) (10,000) (6.7) (6.7) Total IV. Forecasted P&L Statement Revenues: Payer A Payer B 1.3 (3.7) $1,140,000 1,105,000 $2,245,000 $160,000 560,000 $720,000 $1,525,000 15,000 $1,125,000 1,147,500 2,272,500 $156,000 525,000 $681,000 Total Revenues Variable Costs (27,500) (4,000) (6.7) (5.7) (4.2) Fixed Costs 39 (66,500) Total Costs Profit Flexible Budget Volume (Number of Visits) Actual Results I. Variance Amount Variance % Payer A Payer B Total 12,000 13,000 25,000 12,000 13,000 25,000 0.0 0.0 0.0 Il. Reimbursement (per Visit) Payer A Payer B $90 $85 $95 $85 5.6 0.0 0 IlI. Costs: Variable Costs Supplies Fixed Costs Overhead $150,000 $160,000 (10,000) (6.7) (6.7) $375,000 150,000 $525,000 $400,000 160,000 $560,000 Labor (25,000) (35,000) Total , Forecasted P&L Statement Revenues: Payer A Payer B 5.6 0.0 2.7 $1,140,000 1,105,000 $2,245,000 $160,000 560,000 $720,000 $1,525,000 60,000 $1,080,000 1.105,000 $2,185,000 $150,000 525,000 $675,000 $1,510,000 60,000 (10,000) (35,000) Total Revenues (6.7) Variable Costs Fixed Costs 1.0 Total Costs 15,000 Profit