How will determine the causes of variances

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As the nurse manager of the new 15-bed observation unit you are responsible for reporting to your nursing director and the finance department any variances identified within your operating budget.

Problem 1: Listed below is your monthly operating report. Please review and discuss the specific variances and how you will determine the causes of variances.

                               Actual              Budget             Variance

Volume/Census       360                 420                   ?

Supplies               $8,550               $7,880                 ?

Nursing Labor           $58,450             $52,575            ?

Reference no: EM132957165

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