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  3. 8.2 a and b please revenue side. d. calculate an

8.2 A and B please revenue side. d. Calculate and interpret the volume...

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Accounting

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8.2 A and B please

revenue side. d. Calculate and interpret the volume and price variances on the e. Calculate and interpret the volume and management variances on the cost side. f. How are the variances calculated above related? 8.2. Here are the 2020 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars): 8.4. Rc CX As Static Budget $425 Flexible (Enrollment/ Flexible (Enrollment) Utilization) Budget Budget $200 $180 Actual Results S300 . . a. What do the budget data tell you about the nature of Wendover's patients: Are they capitated or fee-for-service? (Hint: See the note to exhibit 8.7.) b. Calculate and interpret the following variances: Revenue variance Volume variance Price variance Enrollment variance Utilization variance 3. Here are the budgets of Brandon Surgery Center for the most recent historical quarter (in thousands of dollars): I Flexible 1,300 $2,600 Actual 1,300 S2 Number of surgeries Patient revenue Salary expense Nonsalary expense Profit Static 1,200 $2,400 1,200 600 $ 600 S The center assumes that all revenues and or hence tied directly to patient volume. a. Explain how each amount in the flexib (Hint: Examine the static budget to de

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