Write a synopsis that describes how to perform the two variance analyses and interpret the results and evaluate the results of the analyses from a financial management perspective.

Variance

Volume		Simple Budget	Actual Results	Dollar or Vsit	%
	Payer A	9,000	10,000	1,000	11.1
	Payer B	14,000	13,500	-500	-3.6
	Total	23000	23500	500	2.2
Reimbursement
	Payer A	120	110	$ (10.00)	-8.3
	Payer B	100	105	$ 5.00	5.0
Costs
Variable costs
	Supplies	$ 300,000	$ 320,000	$ 20,000	6.7
Fixed Costs
	Labor	$ 1,235,000	$ 1,225,000	-10,000	-0.8
	Overhead	$ 700,000	$ 800,000	100,000	14.3
Total		$ 1,935,000	$ 2,025,000	90,000	4.7
Forecasted P&L Statement
Revenues
	Payer A	$ 1,080,000	$ 1,100,000	$ 20,000	1.9
	Payer B	$ 1,400,000	$ 1,417,500	$ 17,500	1.3
	Total	$ 2,480,000	$ 2,517,500	$ 37,500	1.5
Variable Cost		$ 300,000	$ 320,000	$ (20,000)	-6.7
Fixed Cost		$ 1,935,000	$ 2,025,000	$ (90,000)	-4.7
Total Cost		$ 2,235,000	$ 2,345,000	$ (110,000)	-4.9
Profit		$ 245,000	$ 172,500	$ 72,500	29.6

Volume		Simple Budget	Actual Results	Dollar or Vsit	%
	Payer A	9,000	9,000	0	0.0
	Payer B	14,000	14,000	0	0.0
	Total	23000	23000	0	0.0
Reimbursement
	Payer A	120	110	$ (10.00)	-8.3
	Payer B	100	105	$ 5.00	5.0
Costs
Variable costs
	Supplies	$ 300,000	$ 320,000	$ 20,000	6.7
Fixed Costs
	Labor	$ 1,235,000	$ 1,225,000	-10,000	-0.8
	Overhead	$ 700,000	$ 800,000	100,000	14.3
Total		$ 1,935,000	$ 2,025,000	90,000	4.7
Forecasted P&L Statement
Revenues
	Payer A	$ 1,080,000	$ 990,000	$ (90,000)	-8.3
	Payer B	$ 1,400,000	$ 1,470,000	$ 70,000	5.0
	Total	$ 2,480,000	$ 2,460,000	$ (20,000)	-0.8
Variable Cost		$ 300,000	$ 320,000	$ (20,000)	-6.7
Fixed Cost		$ 1,935,000	$ 2,025,000	$ (90,000)	-4.7
Total Cost		$ 2,235,000	$ 2,345,000	$ (110,000)	-4.9
Profit		$ 245,000	$ 115,000	$ 130,000	53.1