The manager of the Minor Procedures Suites of the ABC Outpatient Center has received the actual results for the month of February 2015. See Exhibit 1.
Calculate the Revenue volume and rate variances and explain what may have caused some of the variances.
ABC Outpatient Center Minor Procedures Suites For the month of February 2015 Actual Budget Procedures 290 300 145,890 150,000 Revenues Expenses Variable labor 31,900 32,000 38,000 Variable other expenses 38.000 7,250 Fixed labor 7,500 23,000 23,000 Fixed other expenses 27,000 27,000 Allocated Indirect expenses 127,150 S 127,500 Total Expenses 18,740 22,500 Net Income Notes: Two physicians can do a total of 15 procedures per day and are paid $100 per hour each. Using a four week month or 20 work days and 8 hours per day 160 hours each per month Therefore, the budget is 160h X $100X 2 physicians $32,000
How do the purposes of the CIA support each other?Jul 07 2021
Sales-volume variances. This variance occurs because the quantity sold is different than the quantity budgeted for sales. This variance is favorable if the actual quantit...Nov 09 2017
The output of a supply chain is thea. units of products delivered.b. total generated revenue.c. service delivered to customers.d. total number of customers served.e. tota...Apr 15 2021
Principal strains at a point are 100??10??6 and ??200??10??6. What is the maximum shear strain at the point? [IES-2006] (a) 300 × 10–6 (b) 200 × 10–6 (c) 150 × 10–6 (d)...Jun 29 2020
The conditions of a gas change in a steady-flow process from 293.15 K (20°C) and 1000 kPa to 333.15 K (60°C) and 100 kPa. Devise a reversible nonflow process (any numbe...May 28 2021
Problem 3: A piston cylinder initially contains 3 kg of CO2 at 500kPa. The cylinder is connected by a valve to a 0.5m^3 rigid tank that is initially at 200kPa. The weight...Jun 29 2020
Suppose a monopoly has a cost function of TC = 40Q (AC=MC=40) and faces a demand function Q_D =4000-10P. Represent the unregulated monopoly equilibrium in a diagram and c...Jul 09 2021
Finding a Directional DerivativeIn Exercises 25–28, use the gradient to find the directional derivative of the function at in the direction ofAug 12 2021
A rise in atmospheric ________ allowed the formation of the ozone layer that screens out UV radiation from the sun.a. hydrogenb. waterc. oxygend. ammoniaJun 29 2021
Show how ethylamine (C2H5NH2) reacts will hydrochloric acid to form an ethylammonium saltMay 20 2021