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The St. Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbean island of S blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that neighboring islands causing many injuries. The hurricane largely bypassed St. Lucia, but residents of St. Lucia willingly don blood to help people on other islands. As a consequence, the blood bank collected and processed over 20% more blood been originally planned for the month. A report prepared by a government official comparing actual costs to budgeted costs for the blood bank appears below. support from the government depends on the blood bank's ability to demonstrate control over its costs. St. Lucia Blood Bank Cost Control Report For the Month Ended September 38 Actual Planning Results Budget Variances Liters of blood collected 560 440 Medical supplies $ 7,788 $ 6,380 $ 1,408 u Lab tests 5,825 4,840 185 U Equipment depreciation 3,430 3,1ee 338 Rent 1,3ee 1,300 Utilities 732 650 82 U Administration 11,920 11,480 520 U Total expense $ 30,195 $ 27,670 $ 2,525 U The managing director of the blood bank was very unhappy with this report, claiming that his costs were higher than expe the emergency on the neighboring islands. He also pointed out that the additional costs had been fully covered by payme grateful recipients on the other islands. The government official who prepared the report countered that all of the figures submitted by the blood bank to the government; he was just pointing out that actual costs were a lot higher than promised budget. The following cost formulas were used to construct the planning budget: Medical supplies Lab tests Equipment depreciation Rent Utilities Administration Cost Formulas $14.589 $11.989 $3,100 $1,300 $650 $18,380 + $2.589 Required: 1. Complete the flexible budget performance report for September. (Indicate the effect of each varlance by selecting "F" favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance). Input all amounts as positive values.) St. Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexible Budget Actual Results 580 Planning Budget 440 Liters of blood collected S S 7.788 5.025 Medical supplies Lab tests Equipment depreciation Rent Utilities 6,380 4,840 3.100 3,430 1.300 732 1,300 650 Administration Total expense 11.920 30,195 11,400 27.870 S S

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