PLEASE SHOW STEP BY STEP SO THAT I CAN UNDERSTAND ALONG WITH EVERY FORMULA USED... I WANT TO BE ABLE TO UNDERSTAND HOW TO SOLVE THIS! PLEASE DO NOT SOLVE IF YOU WONT ANSWER STEP BY STEP

PLEASE ANSWER FULLY PARTS A - C

THIS IS ALL THE INFORMATION THAT WAS GIVEN FOR THIS QUESTION! NOTHING IS MISSING

The following budget of Acumen Surgery Center reflects the most recent historical quarter (in thousands of dollars):

Simple Flexible Actual

Number of Surgery 1,800 1,300 1,300

Patient Revenue $3,400 $2,200 $3,535

Salary Expense $1,900 $1,100 $1,165

Non-salary Expense $800 $650 $585

Profit $800 $650 $585

The center assumes that all revenues and cost are variable and hence tied directly to patient volume.

1. Explain how each amount in the flexible budget was calculated. (hint: examine the simple budget to determine the relationship of each budget line to volume.
2. Determines the variance for each line of the P&L statement, both in dollar terms and percentage terms.
3. What do the results in part b tell The Bronx Surgery Centers managers about the centers operations for quarter?