Solution-Determine the variances between planned and actual

Determine the variances between planned and actual budgets

Reference no: EM133180236

Question - The following are the planned and actual revenues for the MHA Medical Center.

Givens:

	Planned budget	Actual budget
Patient volume	42,000	45,000
Patient revenues	$12,600,000	$15,300,000
Revenue per visit	$300	$340

Determine the variances between the planned and actual budgets.

Determine what variance is due to change in volume and what variance is due to change in rates.

Reference no: EM133180236

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Determine the variances between planned and actual budgets

Reference no: EM133180236

Reference no: EM133180236

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