# math

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?

1. 👍 0
2. 👎 0
3. 👁 73

## Similar Questions

1. ### Math-Variance

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

asked by Ryan Dee on May 12, 2014
2. ### Cost Accounting

Katherine Company's Sales Budget Has The Following Unit Sales Projection For Each Quarter Of The Calendar Year 2009. January -March 540,000 April-June 680,000 July-September 490,000 October-December 550,000 Total 2,260,000 Sales

asked by Jessi on November 7, 2009
3. ### Accounting

Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000

asked by sylvia on October 13, 2010
4. ### Accounting

Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000

asked by sylvia on October 13, 2010
5. ### ( Online Class ) Consumer Math

Adjusting a budget - Given the net income, the percent budgeted for two variable expenses, and the amount of an unexpected bill, determine if there is enough money in the variable expense items to cover the amount of the

asked by Naty on April 14, 2012
6. ### computers/excel

How do I write an IF formula for the following statements? **July’s budgeted expenses are based on the differences between the budgeted and actual expenses for June stored in column D. July’s budgeted expenses will be the same

asked by Kristen on December 12, 2009
7. ### Excel

How do I write an IF formula for the following statements? **July’s budgeted expenses are based on the differences between the budgeted and actual expenses for June stored in column D. July’s budgeted expenses will be the same

asked by Kristen on December 13, 2009
8. ### Accounting

The St. Augustine Corporation originally budgeted for \$360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was \$3 per hour.

asked by Anonymous on July 23, 2013
9. ### Accounting

The St. Augustine Corporation originally budgeted for \$360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was \$3 per hour.

asked by Anonymous on July 28, 2013
10. ### macroeconomics

The federal budget passed by Congress and signed by the president shows the relationship between budgeted expenditures and projected revenues. Why does the budget require a forecast of the economy? Under what circumstances would

asked by Amber on December 13, 2009

More Similar Questions