Question: please show calculations and interpretation. 2. Consider the following three budgets for Minute Clinic during 2020: Flexible Budget Actual Results 40,000 60,000 100,000 40,000 60,000

please show calculations and interpretation.
2. Consider the following three budgets for Minute Clinic during 2020: Flexible Budget Actual Results 40,000 60,000 100,000 40,000 60,000 100,000 $ 1,000,000.00 $ 1,200,000.00 $ 2,200,000.00 $ 1,120,000.00 $ 1,080,000.00 $ 2,200,000.00 Static Budget Visits BCBS Patients 36,000 Highmark Patients 54,000 Total Patients 90,000 Revenue BCBS Patients $ 900,000.00 Highmark Patients $ 1,080,000.00 Total Revenue $ 1,980,000.00 Expenses Variable Labor $ 1,200,000.00 Supplies $ 150,000.00 Total Variable $ 1,350,000.00 Fixed $ 500,000.00 Total Expenses $ 1,850,000.00 Contribution $ 630,000.00 Margin Net Profit $ 130,000.00 $ 1,333,333.33 $ 166,666.67 $1,500,000.00 $ 500,000.00 $ 2,000,000.00 $ 700,000.00 $ 1,400,000.00 $ 225,000.00 $ 1,625,000.00 $ 500,000.00 $ 2,125,000.00 $ 575,000.00 $ 200,000.00 $ 75,000.00 A. B. C. Calculate and provide an interpretation of the profit variance. Calculate and provide an interpretation of the revenue variance (total). Calculate and provide and interpretation of the cost/expense variance (total). Evaluate the overall budgetary performance for Minute Clinic in 2020. What factors (identify at least two) that contributed to this overall level of performance. D
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