Calculate the excess of expenses over revenue

Reference no: EM131949928

Question: The budget scenario consists of actual and budgeted figures. Assume that Eastside Urgent Care Clinic anticipated that it would provide 2,500 flu shots in 2010 to noninsured patients at $10 per shot. The revenue and expenses were budgeted for 2,700 flu shots in 2010 to noninsured patients. The budgeted expenses were $5,000. Assume that the clinic provided only 2,455 flu shots to noninsured patients, or 98%. The actual expenses were $4,500. Calculate the following:

• Static budget variance

• Revenue

• Expenses

• Excess of expenses over revenue.

Please show work and explain.

Reference no: EM131949928

Questions Cloud

Calculate the value of the put if it had been european-style : Calculate the value of the put if it had been European-style. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

What is the amount received from the currency option hedge : what is the amount received from the currency option hedge (after considering the premium paid)?

Regulation on the behaviors and actions of nurses : The effect of the regulation on the behaviors and actions of nurses - Develop a clinical question for study using the PICO format

Prepare the journal entries for the contingent liabilities : Use the account "Environmental Awards and Fines" to recognize the expense for the period. If an amount box does not require an entry, leave it blank or enter "0

Calculate the excess of expenses over revenue : The budget scenario consists of actual and budgeted figures. Assume that Eastside Urgent Care Clinic anticipated that it would provide 2,500 flu shots.

Triathlon does dan have relative comparative advantage : What portion of the triathlon does Dan have a relative comparative advantage?

How much machine idle time is there : When is each job delivered compared with its due date? d. How much idle time (waiting time) is there for each job? Devise a better job sequence for processing.

What approaches have yielded additional valuable information : Come to a consensus and select a community within the United States. What approaches could have yielded additional valuable information?

Literature review about the factors affecting crime rates : Need to Write literature review of around 2000 words on given topic. Topic: The factors affecting the crime rates in different countries and at different times

User Account

All Pages