Question

Organization LO9-1, LO9-2, LO9-3, LO9-4, LO9-6 pported by government grants, is located PROBLEM 9-23 Performance Report for a Nonprofit Organization LO9-1, LO9-2, LOY-3, The St. Lucia Blood Bank, a private charity partly supported by government and on the Caribbean island of St. Lucia. The blood bank has just finished its operations to tember, which was a very busy month due to a powerful hurricane that hit neighboring Island causing many injuries. The hurricane largely bypassed St. Lucia, but residents of a willingly donated their blood to help people on other islands. As a consequence, the bio bank collected and processed over 20% more blood than had been originally planned for the month.

Answer 1

			Flexible buget
liters of blood collected					620
			Variable	fixed
medical supplies			15		9300
lab tents			12		7440
Equipment depreciation				2,500	2,500
Rent				1,000	1,000
Utilities				500	500
Administration			2.5	10000	11550
total expense			29.5	14000	32290
	Flexible budget = fixed component + actual 620 liters*variable component)
				Flexible Budget Performance Report
		Actual	spending variance		Flexible	Activity variance		planned budget
		resutl			budget
liters of blood collected		620			620			500
Medical supplies		9,250	50	F	9300	1,800	U	7,500
labt tests		6,180	1,260	F	7440	1,440	U	6,000
Equipment depreciation		2,800	300	U	2,500	0	N	2,500
Rent		1,000	0	N	1,000	0	N	1,000
Utilities		570	70	U	500	0	N	500
Administration		11,740	190	U	11550	300	U	11,250
total expense		31,540	750	F	32290	3,540	U	28,750
utilities , administration and equioment depreciation should be investigated