3. Consider the following 2008 data for Newark General Hospitals (in millions of

Question

3. Consider the following 2008 data for Newark General Hospitals (in millions of dollars)________________ __________Simple Budget____________Flexible Budget____________Actual Budget__________________ Revenue______$4.7$___________________4.8_______________________$4.5_____________________ Cost___________4.1____________________4.1 _______________________4.2_____________________ Profit__________0.6____________________0.7_______________________ 0.3_____________________ a Calculate and interpret the two -profit- variances_____________________________________________ b-Canculate and interpret the two revenue variances.____________________________________________ c-Calculate and interpret the two cost variances_________________________________________________ d-How are the variances related? financial -I need to show the work.

Explanation / Answer

Posters rating is not 100%. Hence Pl dont answer this post as this person has been irresponsible in rating answers. So he don't deserve any solutions here. First make him rate all pending posts truthfully & also pledge that he will rate all answers within 2 days to be eligible for help from Educators & others. Till such time, just ignore all posts where rating is not 100%. This will make Cramster a better forum to contribute. Amen... Pl goto http://www.cramster.com/my_cramster/questions-and-answers/NeedRatingQuestions & rate your pending posts

Related Questions

Navigate

• Browse (All)
• Browse 3
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.