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The following table shows the result of DYS clinics 2018 simple budget variance analysis.

a) What was the clinics financial goal in 2018? Support your answer with the information given in the table.

b) Was the clinics financial goal in 2018 met? Why or why not? Support your answer with the information given in the table.

c) With respect to your answer to b), any managerial recommendations for managers of the clinic in performing the management function of controlling? Explain why you made such recommendations using the information provided in the table.

This is what I have to far. Any recommendations?

1. The clinic's financial goal in 2018 was $305,000. Under the simple budget column you are able to see all associated budgeting plans in regards to reimbursement per visit, costs, etc.
2. The clinics financial goal was not met. They were expecting to have $12,500 more in profits. There spent more money on supplies, labor than expected.
3. Management needs to work on controlling costs spent on supplies and find the reason why so much funds are being spent in that areas. Secondly, management needs to...

Simple Budget bere Actual Results Variance Dollar or Visit Percentage (%) Dollar of Visti Perente I. Volume (Number of Visits) Payer A Payer B Total {datum omitted} {datum omitted} {datum omitted} 11,000 0 {datum omitted} 12,500 0 {datum omitted} {datum omitted} {datum omitted} {datum omitted} II. Reimbursement (per Visit) Payer A Payer B $100 $105 $95 $90 $5 {datum omitted} $5 {datum omitted} III. Costs Variable Costs: Supplies $335,000 $350,000 ($15,000) {datum omitted} Fixed Costs: Labor Overhead Total $1,035,000 $550,000 $1,585,000 $1,200,000 $500,000 $1,700,000 ($165,000) {datum omitted} $50,000 {datum omitted} ($115,000) {datum omitted} IV. Pro Forma P&L Statement Revenues: Payer A Payer B Total revenues Variable costs Fixed costs Total costs Profit $1,100,000 $1,125,000 $2,225,000 $335,000 $1,585,000 $1,920,000 $305,000 $1,155,000 $1,187,500 $2,342,500 $350,000 $1,700,000 $2,050,000 $292,500 $55,000 {datum omitted} $62,500 (datum omitted} $117,500 {datum omitted} ($15,000) {datum omitted} $115,000) {datum omitted} $130,000) {datum omitted} ($12,500) {datum omitted}

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