. Given the following monthly expense report for EKGs calculate price, efficiency, intensity, and quantity variances...

. Given the following monthly expense report for EKGs calculate price, efficiency, intensity, and quantity variances for each object code. Second write an explanation for why expenses differ from budget, one paragraph per expense line and create a table similar to table 11.4. Discuss how much of these variances the manager may be responsible for.

Obj.Code	Expenses	Actual	Budget	$ Diff	% Diff
4020	Staff Salaries	$77,619	$75,000	$2,619	3.49%
4212	Medical Supplies	$11,452	$11,875	-$423	-3.56%
4350	Biomedical Repair/Maint.	$6,539	$3,200	$3,339	104.34%
4410	Electricity	$1,187	$1,303	-$116	-8.87%
	Total	$96,797	$91,378	$5,420	5.93%

Statistics		Actual	Budget	$ Diff	% Diff
Admissions (output)		975	1,000	-25	-2.50%
Billed EKGs (activity)		1,247	1,250	-3	-0.24%
Input Units
Staff Salaries (hours paid)		1,186	1,250	-64	-5.12%
Medical Supplies (electrodes)		2,580	2,500	80	3.20%
Biomedical Repair/Maint. (service hours)		150	100	50	50.00%
Electricity (kilowatt hours)		13,897	12,399	1,498	12.08%

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Expert Solution

Rahul Sunny answered 1 year ago

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