Question: please help and post work for each part Planning and Budgeting 183 END-OF-CHAPTER PROBLEMS bt Consider the following 2016 data for Newark General Hospital (in

please help and post work for each part

Planning and Budgeting 183 END-OF-CHAPTER PROBLEMS bt Consider the following 2016 data for Newark General Hospital (in millions of dollars): Simple Budget $4.7 Revenues Costs Profit Flexible Budget $4.8 4.1 0.7 Actual Results $4.5 4.2 0.3 4.1 0.6 a. Calculate and interpret the two profit variances. b. Calculate and interpret the two revenue variances. C. Calculate and interpret the two cost variances. d. How are the variances related? for the most recent historical

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