Question

The St. Lucia Blood Bank, a private chay party supported by government grants, is located on the Caribbean island of St Lucia. The blood bank has just finished its operations for September which was a particularly busy month due to a powerful hurricane that it neighboring Islands causing many injuries. The hurricane largely bypassed St. Lucia, but residents of St Lucia willingly donated their blood to help people on other wands. As a consequence, the blood bank collected and processed over 20% more blood than had been originally planned for month A report prepared by a government a l comparing actual costs to budgeted costs for the blood bank appears below. Continued support from the government depends on the blood bank's ability to demonstrate control over SL Luc Blood Bank For the Mont Ended September 30 Actual Planning Equipment The managing director of the blood bank was very happy with report, claiming that is costs were higher than expected due to the emergency on the neighboring lands. He pointed out that the additional cost had been by covered by parents from all recents on the other and the government official who prepared the report countered that all of the roures had been submitted by the blood bank to the government he was pring out that actual cos were origher than promised in the budget own cent r e sed to construct the planning T

Answer 1

St. Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Actual Flexible Spending Variance Results Budget 880 880 Activity Variance Planning Budget 700 2070 2619 433 F Liters of blood collected (9) Expenses: Medical supplies ($11.50*q) Lab tests ($14.55*q) Equipment depreciation ($1,300) Rent ($1,600) Utilities ($340) Administration ($12,900 + $1.90*9) Total expenses None 10206 12371 1510 1600 370 14395 40452 None 10120 12804 1300 1600 340 14572 40736 0 30 177 284 None 8050 10185 1300 1600 340 14230 35705 F F None 342 50310