Question: Using the table above, please answer the following: The volume variance (in absolute value) is: The acuity variance (in absolute value) is: The rate variance

Using the table above, please answer the following: The volume variance (in

Using the table above, please answer the following:

  1. The volume variance (in absolute value) is:
  2. The acuity variance (in absolute value) is:
  3. The rate variance ( in absolute value) is:
  4. The total variance (in absolute value) is:

Quiz Variance Data \begin{tabular}{|l|r|r|} \hline & Budget & \multicolumn{1}{|c|}{ Actual } \\ \hline RN Hourly Pay Rate & $24.00 & $27.00 \\ \hline RN Hours per Patient Day at Budgeted Acuity & 8 & \\ \hline RN Hours per Patient Day at Actual Acuity & 11 & 10 \\ \hline Patient Days & 1,000 & 1,500 \\ \hline \end{tabular}

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