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Calculate the Volume Variance and the Price Variance

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Question - Calculate the Volume Variance and the Price Variance with the following assumptions for the Medical Imaging department of ABC Health:

Budgeted Imaging Procedures: 15,000

Budgeted Imaging Costs: $300,000

Period 1:

Actual Imaging Procedures: 15,750

Actual Imaging Costs: $307,125

Period 2:

Actual Imaging Procedures: 14,350

Actual Imaging Costs: $304,950

Reference no: EM133060956

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