Calculate and interpret the following variances

Assignment Help Finance Basics

Reference no: EM13289746

Here are the 2011 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars):

Static Budget Flex Enrollment/Util. Budget Flex (Enrollment( Budget Actual Results
$425 $200 $180 $300

a. What does the budget data tell you about the nature of Wondover's patients. Are they capitated of fee-for-service? (see note to 8.7)

b. Calculate and interpret the following variances:

• Revenue variance
• Volume variance
• Price variance
• Enrollment variance
• Utilization variance

Reference no: EM13289746

Questions Cloud

Explain the reaction of na2so3 with ch3co2h : Write an overall, balanced equation for the reaction of Na2SO3 with CH3CO2H, and name the reactants and products.

Calculate the cost of common stock : Meacham's marginal tax rate is 38%. Meacham's capital structure is 40% debt, 50% common equity, and 10% preferred stock.

Draw the displacement for the father and son : Draw the displacement for the father and son.

Find the highest and lowest frequencies heard by a student : a physics professor demonstrates the doppler effect by tying a 600hz sound generator to a 1.0-m-long rop, what are the highest and lowest frequencies heard by a student in the classs room

Calculate and interpret the following variances : Here are the 2011 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars).

What role does hr play in preventing these issues : What can business schools do to address the issue of incentive pay and corporate governance described in the articles and what role do you have to play as managers and how will you prepare for these roles given these traps?

The length of the line needed to tie the line on each pole : A 4.80-m clothesline is hung between two poles that are 4.76 m apart

Explain relationship between the al and o atoms : In writing the chemical formula of a compound such as Al2O3, the following statement is a true relationship between the Al and O atoms

Calculate and interpret the volume and price variances : Calculate and interpret the volume and price variances on the revenue side.

User Account

All Pages