Discussion Question 1 You are a Clinical Director for Sanita Virtual Hospital. You just got...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Discussion Question 1
You are a Clinical Director for Sanita Virtual Hospital. You just got your monthly financial report and saw that you were $8,260.00 above your budget of $202,480 on your staffing budget. You werent too concerned because you knew you had 111 more patient days than your expected budget of 930 patient days. You checked the staffing report and found that you paid 7458 hours against a budget of 7500.
What are the volume, efficiency and rate variances?
What should you be concerned about, if anything?
What should you do, if anything?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
