Surgical volume Gift shop revenues Surgery revenues 2,300 $18,000 $589,500 2,600 $19,000 $852,750 D 1. Determine the total variance between the planned and actual budgets for Surgical Volume. Is the able or unfavorable? Surgical volume (A] Gift shop revenues (B) Surgery revenues [Cl Parking revenues [Dl Total variance (E] Budgeted 2,300 $18,000 $589,500 $17,000 Actual 2,600 $19,000 $852,750 $19,000 . Determine the service related variance for Surgical Volume. Total variance (l) Gift shop revenue variance (F] Parking revenue variance [HI Service-related variance [J-K-LI nance $1,000 $263,250 $2,000 Variance $1,000 $2,000 5. Prepare a flexible budget estimate. Present side-by-side budget, flexible budget estimate, and the rgical revenues. Surgical volume (A] Surgical revenue per unit (C / A] Surgical revenue (C) udgeted 2,300 $256.30 $589,500 Flexible 2,600 $256.30 $666,391 Actual 2,600 $327.98 $852,750 7. Determine what variances are due to change in volume and what variances are due to change in re Budgeted surgical revenue (Pl Flexible surgical revenue (P] Actual surgical revenue (P] Volume variance (R - Q Rate variance IS - Budgeted $589,500 $666,391 $852,750 $76,891 _$186,359 Flexible Actual