Question: please help and post work for each part Gapenski's Fundamentals of Healthcare Finance 6.) Refer to Carroll Clinic's 2016 operating budget contained in 62. the
Gapenski's Fundamentals of Healthcare Finance 6.) Refer to Carroll Clinic's 2016 operating budget contained in 62. the actual results reported in exhibit 6.3. assume the following results 11.000 12.000 23.000 $95 595 $ 350,000 Volume (Number of Visit Payer A Payer Total Ambursemnat per Visit Payer A Payer Costs Variable costs Supplies Fixed costs: Labor Overhead Total P&Statement Revenues: Payer A Payer 8 Total revenues Variable costs Fored costs Total $1.000.000 500,000 $1.500.000 $1.045.000 1,140,000 $2.185.000 $ 350,000 1.500,000 51.850,000 $ 335.000 Profit 4. What are the profit, revenue and cost variances based on the simple (exhibit 6.3) budget? b. Construct Carroll flexible budget for 2016, What are the profit, revenue, and cost variances based on the flexible budget? di interpret your results. In particular, focus on the differences between the vari ance analysis here and the Carroll Clinic illustration presented in the chapter
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