Listed below are the current month actual and budgeted expenses for St. Joseph's Hospital. Patient Days...

  

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Listed below are the current month actual and budgeted expenses for St. Joseph's Hospital. Patient Days Pharmacy Expense Miscellaneous supplies Fixed Overhead Costs $ $ $ Budget 24,000 100,000 $ 56,000 $ 708,000 $ Actual 30,000 140,000 67,500 780,000 A. Calculate the total budget variance for the current month. B. What is the total variance attributable to variable expenses? Prepare a flexible expense budget. Compare the original budget, flexible budget and actual (show the related volumes). C. Listed below are the current month actual and budgeted expenses for St. Joseph's Hospital. Patient Days Pharmacy Expense Miscellaneous supplies Fixed Overhead Costs $ $ $ Budget 24,000 100,000 $ 56,000 $ 708,000 $ Actual 30,000 140,000 67,500 780,000 A. Calculate the total budget variance for the current month. B. What is the total variance attributable to variable expenses? Prepare a flexible expense budget. Compare the original budget, flexible budget and actual (show the related volumes). C.

Answer rating: 100% (QA)

Lets calculate the variances and prepare a flexible expense budget A Total Budget Variance Total Budget Variance Actual Expenses Budgeted Expenses Tot... View the full answer