Styles Pane Dictate Sensis 3. The following budget of The Bronx Surgery Center reflects the most...
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Styles Pane Dictate Sensis 3. The following budget of The Bronx Surgery Center reflects the most recent historical quarter (in thousands of dollars): Simple Flexible Actual Number of Surgery 1,200 1,300 1,300 Patient Revenue $3,400 $3,600 $3,535 Salary Expense $1,200 $1,300 $1,365 Non-salary Expensę $800 $850 $785 Profit $800 $650 $785 The center assumes that all revenues and cost are variable and hence tied directly to patient volume. a. 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. b. Determines the variance for each line of the P&L statement, both in dollar terms and percentage terms. c. What do the results in part b tell The Bronx Surgery Center's managers about the center's operations for quarter? Styles Pane Dictate Sensis 3. The following budget of The Bronx Surgery Center reflects the most recent historical quarter (in thousands of dollars): Simple Flexible Actual Number of Surgery 1,200 1,300 1,300 Patient Revenue $3,400 $3,600 $3,535 Salary Expense $1,200 $1,300 $1,365 Non-salary Expensę $800 $850 $785 Profit $800 $650 $785 The center assumes that all revenues and cost are variable and hence tied directly to patient volume. a. 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. b. Determines the variance for each line of the P&L statement, both in dollar terms and percentage terms. c. What do the results in part b tell The Bronx Surgery Center's managers about the center's operations for quarter?
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