# math

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Orginal Budget Budgeted Volume Budgeted Quantity Budgeted Price
1,000 40.00 \$40,000.00 F
Flexible Budget Actual Value Budgeted Quantity Budgeted Price
1,200 41.67 \$50,000.00 UF

Orginal Budget/Flexible Budget Budgeted Volume Budgeted Quantity Budgeted Price
1,000 \$40.00 \$40,000
Actual Value Budgeted Quantity Budgeted Price
1,200 \$41.67 \$50,004 UF

Problem:Project Budget was for 1,000 hours of part-time nurses services at \$40.00 per hour, for
a total cost of \$40,000. It was expected that these nurses' woruld treat 2,000 patients. After
the flu season was over, it turned out that the total spent on part-time nurses' was \$50,000.
The nurses' worked 1,200 hours and 2,600 patients were treated. Calculate the varriances.
Was the overall result favorable or unfavorable?

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